Undercliff Terrace Condominiums

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Stop renting and start living the Melrose lifestyle! This spacious 3-bedroom condo offers an unbeatable 0.2-mile walk to the commuter rail, making your Boston commute a breeze. Inside, you'll find charming coffered ceilings, an open layout, and a fully equipped kitchen with Haier refrigerator (2022), Bosch dishwasher (2022) and gas range. Modern must-haves are all here-in unit laundry with 2024 LG all-in-one washer/dryer combo, extra storage, and a warm, pet-friendly community. Most importantly, your monthly budget is predictable: heat and hot water are included in the condo fee! Nestled near the famous Sheepfold trails and just half a mile from local pet care and grooming, it's a paradise for you and your four-legged friends. Low maintenance, high convenience, and a rare 3-bedroom find in Melrose's most walkable pocket.

More Info

Basic Information

  • Bedrooms3
  • Mls StatusActive
  • Bathroom1
  • Parcel Number M:B12 P:053012,4676706
  • Unit Number2

Tax Information

  • Tax Assessed Value $421,600
  • Tax Year 2025
  • Taxes$4,174

School Information

  • High School Melrose High
  • Elementary SchoolRoosevelt
  • High SchoolMelrose
  • Junior HighMelrose Middle

Parking

  • Parking Spaces1
  • Parking Features Off Street

Rooms

  • Bathroom 1 First,7.333333333 x 5.416666666
  • Bathrooms Total Decimal 1
  • Bedroom 2 First,9.583333333 x 10.75
  • Bedroom 3 First,11 x 12
  • Dining Room First,15.333333333 x 11.416666666
  • Full Bath1
  • Kitchen First,11.75 x 9.083333333
  • Living Room First,13.333333333 x 7.833333333
  • Master Bedroom First,14.5

Basic Information

  • List Price$499,900
  • MLS Number73513959
  • Modification Date05/15/2026
  • Property SubTypeCondominium

Location

  • NeighborhoodMelrose Highlands
  • SubdivisionMelrose Highlands
  • Address601 Franklin Street
  • Building Number601
  • CountyMiddlesex
  • StateMA
  • StreetFranklin Street
  • TownMelrose
  • Zip02176

Building

  • BasementN
  • Building Area Units Square Feet
  • Common Walls Corner
  • Construction Materials Frame, Brick, Stone
  • Entry Level 1
  • FireplaceYes
  • Fireplace Features Dining Room
  • Fireplaces Total 1
  • Property NameUndercliff Terrace Condominiums
  • Rooms6
  • Utilities For Gas Range
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Entry Location Unit Placement(Front)

Interior

  • Flooring Tile, Hardwood

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 100 Amp Service
  • Heat SystemYes
  • Heating Steam
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet1,330
  • Building Area Source Public Records
  • Living Area 1,330
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Mid-Rise

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator
  • Association Amenities Hot Water, Storage
  • Other AmenitiesFireplace
  • PetsYes w/ Restrictions

Other

  • Association Fee $755
  • Association Fee Frequency Monthly
  • Association Fee Includes Heat, Insurance, Maintenance Grounds, Snow Removal
  • Date Listed05/06/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Joanne Rodrigues of Redfin Corp.

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