Melrose Co-Ops for Sale

In Melrose, there are currently 2 co-ops for sale, offering a unique housing option for prospective buyers. Cooperative housing, commonly known as co-ops, involves collective ownership and shared responsibility among tenants or members for an entire building or property. When purchasing into a co-op, buyers acquire shares in the nonprofit corporation that owns the building, rather than a specific piece of property. With various types of co-ops available, including townhouses, duplexes, single-family homes, manufactured homes, and clusters of tiny homes, this collaborative ownership structure fosters a sense of community and shared responsibility among residents. Explore properties and co-ops for sale in Melrose, Bronx.