MLS #73474632 image #0
Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 block to Wyoming Hill Commuter Rail Purple Line. Just over 1 mile to Oak Grove T Station/Orange Line, and a bus stop at the front door! Lowest priced property for sale in Melrose & surrounding area. STOP PAYING RENT & COLLEGE ROOM & BOARD! Invest and build equity in one of the HOTTEST LOCATIONS NORTH OF BOSTON! Near great restaurants, eateries, amenities, shopping, YMCA and public transportation. This is a STUDIO, which is 1 room with combined living/sleeping/kitchenet area. Well maintained building with common laundry room and one assigned parking space. Convenient, desirable location in walking distance to everything! No car needed! Pets allowed w/consent by Trustees 🙂
Current real estate data for Condo in Melrose as of Feb 16, 2026
17
Condo Listed
61
Avg DOM
544
Avg $ / SqFt
$552,312
Avg List Price

Property Details

Price:
$199,900
MLS #:
73474632
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Neighborhood:
wyoming
Listed Date:
Feb 5, 2026
Finished Sq Ft:
294
Total Sq Ft:
294
Year Built:
1970
PoolTennisParking TotalMelrose Place CondominiumWyomingWyomingYes W/ Restrictions

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Vinyl
Heating
Electric
Laundry Features
Common Area, In Building

Exterior

Association Amenities
Hot Water, Laundry, Elevator(s), Storage
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Exterior Features
Balcony
Parking Features
Off Street, Assigned
Parking Spots
1

Financial

HOA Fee
$348
HOA Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2025
Taxes
$1,737

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Property Summary

    340 Main St. # 206 Melrose MA is a Condo for sale in Melrose, MA, 02176. It is listed for $199,900 and features 1 beds, 1 baths, and has approximately 294 square feet of living space, and was originally constructed in 1970. The current price per square foot is $680. The average price per square foot for Condo listings in Melrose is $544. The average listing price for Condo in Melrose is $552,312. To schedule a showing of MLS#73474632 at 340 Main St. # 206 in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
340 Main St. # 206
Melrose, MA