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Melrose Towers Condominium

Melrose Towers Condominium

Melrose Towers Condominium
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

49 Melrose St,
Melrose, MA 02176-2216
164 Units
8 Stories
1972 Year Built
$300K - $673K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Golf Course Community
  • Roosevelt Elementary School Rated A
  • Fitness Center
  • Indoor Pool
  • Outdoor Tennis Courts
  • Medical Services

A well-established community in the heart of Melrose

Melrose Towers Condominium, completed in 1972, stands as a fixture in the Melrose Highlands neighborhood. This 8-story building houses 164 units, offering a mix of one and two-bedroom layouts. Located adjacent to Whole Foods and within walking distance of downtown Melrose, the condominium provides a blend of urban convenience and suburban tranquility. The building's simple brick facade belies the array of amenities and the vibrant community life within, making it a popular choice for those seeking a maintenance-free lifestyle in a prime location.

Spacious units with modern updates and scenic views

Melrose Towers offers a range of floor plans to suit various needs. One-bedroom units span from 792 to 930 square feet, featuring one bathroom and selling for $405,000 to $430,000. These units often include updated kitchens with stainless steel appliances and granite countertops, as well as hardwood floors throughout. Many one-bedroom layouts boast spacious living areas that seamlessly flow into dining spaces, perfect for entertaining. Two-bedroom units are more expansive, ranging from 1,080 to 1,252 square feet, with one or two bathrooms. These larger units typically sell for around $510,000. Some two-bedroom layouts feature corner positions, offering panoramic views of Ell Pond Park or the surrounding area. Many units have been recently updated, boasting modern fixtures, commercial-grade in-unit laundry facilities, and smart home features like thermostat and window blind control. All units in Melrose Towers come with private balconies or screened-in decks, providing outdoor space to enjoy morning coffee or evening relaxation. Floor-to-ceiling windows in many units flood the spaces with natural light and showcase the scenic views. Central air conditioning ensures year-round comfort, while ample closet space and additional storage options address residents' storage needs. Monthly HOA fees range from $400 to $600, covering water, sewer, insurance, structural maintenance, grounds upkeep, snow removal, trash services, and contributions to reserve funds. This comprehensive fee structure allows for a worry-free living experience, with many of the typical homeownership concerns handled by the association.

Year-round recreation and modern conveniences

Melrose Towers offers an impressive array of amenities that cater to various lifestyles and interests. The condominium boasts both indoor and outdoor pools, allowing for year-round swimming and relaxation. Tennis and basketball courts provide opportunities for active residents to engage in sports without leaving the premises. For those seeking relaxation, the building features a sauna and grilling stations, perfect for unwinding after a long day or hosting summer barbecues. The solarium, equipped with a ping pong table, can be reserved for private events, offering a unique space for gatherings. The building prioritizes security and convenience with features such as a secure entry system, mail and package area, and elevators. Residents benefit from assigned parking spaces, with some units allotted two spots – one in the garage and another outside. Guest parking is also available, a rarity in many urban settings. On-site management ensures smooth day-to-day operations, while security cameras provide an added layer of safety. The building also offers private storage units for residents, addressing additional storage needs beyond the in-unit options. Melrose Towers embraces green living with its colorful gardens, creating a pleasant environment for residents to enjoy. The building allows pets with certain restrictions, accommodating animal lovers in the community.

Urban convenience meets suburban charm

Situated in the Melrose Highlands neighborhood, Melrose Towers offers residents a perfect blend of urban amenities and suburban tranquility. The condominium's location adjacent to Whole Foods Market provides unparalleled convenience for grocery shopping, with residents able to walk to the store in about five minutes. For additional shopping options, CVS and Walgreens are also within easy walking distance. The neighborhood boasts a variety of dining options to suit different tastes. Liberty Bell, a casual American eatery known for its roast beef and fresh seafood, is just a five-minute walk away. For those craving Mexican cuisine, Santa Fe Burrito Grill and Bar is less than a mile from the condominium. Outdoor enthusiasts will appreciate the proximity to Ell Pond Park, offering opportunities for leisurely strolls and recreational activities. The Melrose Dog Park, located about a half-mile away, provides a space for pet owners to exercise and socialize their furry friends. For families with children, the area is served by several highly-rated schools. Melrose High School, boasting a 7 out of 10 rating on GreatSchools and an A- rating on Niche, is less than half a mile away. Elementary options include the nearby Roosevelt Elementary School and the highly-rated Winthrop Elementary School, both within a short distance from the condominium. The vibrant downtown Melrose area, with its array of shops and restaurants, is within walking distance, offering residents easy access to urban amenities while maintaining a quieter, residential feel at home.

Accessible public transit and easy highway access

Melrose Towers benefits from a strategic location that offers various transportation options. For those relying on public transit, the Main St & Short St bus stop is just a quarter-mile walk away, serving routes to Oak Grove and Malden Center Stations. The Melrose Highlands commuter rail station on the Haverhill Line is less than a mile from the condominium, providing direct access to downtown Boston. For rapid transit options, Oak Grove Station on the Orange Line is approximately a 5-minute drive or a short bus ride away, offering quick connections to downtown Boston and other parts of the metropolitan area. Drivers will appreciate the easy access to major routes. Route 1 and Interstate 93 are both a short drive away, facilitating commutes and travel throughout the region. For air travel, General Edward Lawrence Logan International Airport is about a 20-minute drive, making it convenient for frequent flyers. The area's layout and infrastructure support active transportation as well. The neighborhood's walkable nature allows residents to run many errands on foot, while bike-friendly streets provide options for cyclists, though dedicated bike lanes are limited. This mix of transportation options ensures that residents of Melrose Towers can easily navigate both their immediate surroundings and the greater Boston area, whether they prefer public transit, driving, or active transportation methods.

Building Details

Recreation

  • Outdoor Tennis Courts
  • Golf Course Community
  • Recreation Facilities
  • Fitness Center
  • Indoor Pool
  • In Ground Pool
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Outdoor Features

  • Community Garden
  • Common Area

Amenities

  • Medical Services
  • Shops
  • Sauna
  • Clubhouse
  • Coin Laundry
  • Community Storage Space
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Pet Policy

  • Call for details about the types of pets allowed

Condo Association

  • $456 Monthly HOA Fees
  • Monthly HOA Fees Range from $392 - $578
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • Melrose Towers Community

Building Design

  • Mid-Rise Condominium
  • Elevator

Unit Features

  • Laundry in unit
  • Washer and Electric Dryer Hookup
  • Balcony

Unit Information By Building

Unit
1A
1H
3B
5G
7A
Date
03/24/2025
12/19/2024
11/25/2024
05/06/2024
05/28/2024
Beds
1 Bed
2 Beds
2 Beds
1 Bed
1 Bed
Baths
1 Bath
2 Baths
2 Baths
1 Bath
1 Bath
Sq Ft
792
1,252
1,234
800
792
Price
$420,500
$462,000
$595,000
$405,000
$430,000
Price / Sq Ft
$531 / Sq Ft
$369 / Sq Ft
$482 / Sq Ft
$506 / Sq Ft
$543 / Sq Ft

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
485 - 930
Est. Values
$300,433 - $469,221
2 Bedroom Units
Sq Ft Range
1,080 - 1,290
Est. Values
$447,010 - $673,159
3 Bedroom Units
Sq Ft Range
1,285
Est. Values
$546,952
All Units
Sq Ft Range
485 - 1,290
Est. Values
$300,433 - $673,159

Map

Area Factors

Bikeable

Bike Score®

53 / 100

Very Walkable

Walk Score®

79 / 100

Some Transit

Transit Score®

33 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

70 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$245K - $582K
Range of Taxes in Building
$24 - $4,598
Range of Taxes per Sq Ft
$0.03 - $4.26

Property Tax History

Source: Public Records

Building Team

Property Management
Melrose Towers First Realty Management
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.