340 Main St Unit 703
Melrose, MA 02176
- 2 beds
- 1 bath
- 738 sqft
- $711 per sqft
- 1970 build
- – on site
Penthouse Condo in the Heart of Melrose Square (downtown).This bright and airy penthouse-level 2-bedroom condo offers stunning skyline and city views from panoramic windows in both the living area and bedrooms. Commuting is effortless with the commuter rail (Purple Line) just two blocks away, the Orange Line bus at your doorstep, and Route 93 nearby for easy access to Boston and beyond. The unit has been entirely renovated including new kitchen, new floor, freshly painted, and much more. Each floor includes a common balcony, perfect for morning coffee or unwinding after a long day. Enjoy the vibrant Melrose lifestyle, with restaurants, cafés, boutiques, gyms, a brewery, and Shaw's supermarket all within close proximity. Outdoor enthusiasts will love the proximity to Fells Reservation, Pine Banks Park, hiking trails, and a nearby dog park. With unbeatable convenience, modern comforts, and a prime location, this condo is the perfect place to live!
Last checked:
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Checking…
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Last updated Mar 11, 2025
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MLS# 73342388 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
-
Friday, 3/14
4pm-6pm -
Saturday, 3/15
11am-1pm -
Sunday, 3/16
11am-1pm
The Building
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Year Built:1970
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Year Built Details:Approximate
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Year Built Source:Public Records
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Structure Type:High-Rise
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Entry Level:7
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Common Walls:No One Above
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Basement:N
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Security Features:Intercom
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Unit Number:703
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Stories Total:1
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Stories:1
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# of Units Total:703
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Building Area Total:738
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:3
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Fireplace:false
Room Dimensions
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Living Area:738
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Living Area Source:Public Record
Location
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Directions:2 blocks away from Melrose downtown
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Latitude:42.452031
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Longitude:-71.067498
The Property
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Parcel Number:M:0C6 P:005865,653942
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Property Type:Residential
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Property Subtype:Condominium
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Property Attached:true
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Lot Size Units:Acres
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Zoning:BA1
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Waterview:No
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Waterfront:false
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Farm Land Area Units:Square Feet
Listing Agent
- Contact info:
- Office phone:
- (781) 729-7900
Taxes
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Tax Year:2025
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Tax Book Number:21408
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Tax Annual Amount:3005
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Tax Assessed Value:303500
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Electric:100 Amp Service
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Sewer:Public Sewer
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Water Source:Individual Meter
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
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Association Amenities:Hot Water
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Association Fee:527.81
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Association Fee Includes:Water
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Association Fee Frequency:Monthly
Parking
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Garage:false
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Parking Total:1
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Parking Features:Off Street
Monthly cost estimate

Asking price
$525,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,811
|
Taxes | $250 |
Insurance | $144 |
HOA fees | $528 |
Utilities | $160 See report |
Total | $3,893/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/6/25
Mar 6, 2025
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Listed / Active | MLSPIN | $525,000 | 72.1% |
12/30/24
Dec 30, 2024
|
MLSPIN | $305,000 | 1.7% | |
11/20/24
Nov 20, 2024
|
MLSPIN | $299,900 |

59% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $75k over asking price.