244 Main Street Melrose, MA ^$ 3,000,000

244 Main Street

^$ 3,000,000

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244 Main Street

Melrose, MA, 02176

^$ 3,000,000

Studio Baths0.0

Monthly Estimate*

^$ 18,716

244 Main Street, Melrose, MA 02176 - Image 1

244 Main Street, Melrose, MA 02176 - Image 2

244 Main Street, Melrose, MA 02176 - Image 3

Studio

Lots and Land for sale in Melrose, MA

for $3,000,000. The lot size is 0.43.

REDEVELOPMENT OPPORTUNITY! This home is being offered in connection with the sale of 236-238 Main Street. Combining both lots will create a 31,737sqft lot. Under special permitting by the city that would allow the possibility for 9 units to be built, if not more. Seller makes no representations as to the cities willingness to grant such special permit and makes no warranties about the potential highest and best use. All due diligence is the buyer's/buyer's agents responsibility. On the MBTA bus line, Commuter Rail a short walk, as well as Downtown Melrose. Lot boundaries drawn in photos are approximate and for reference only.

Lots and Land Contingent

Price

^$ 3,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 10,088

Style

Sloped

Lot Size

0.43

Town/City

Melrose

County/Region

Middlesex

MLS | Web ID

73443403

List By

Kevin Sexton

Listing Agent

William Raveis R.E. & Home Services

Broker

Affordability Calculator

$19,557

Per Month

Monthly Principal & Interest: $18,716
Monthly Property Taxes: $841
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Lots and land listings in Melrose, MA

Average List Price ^$1,649,725

Percent of Sale Price 45%

About Melrose, MA

28,981 Population

7% Since 2002

^$89,874 Median Income

44.24 Median Age

29% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
10/14/2025	$3,000,000		Listed Price

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244 Main Street, Melrose, MA, 02176 is a Lots and Land for sale at $3,000,000 with a lot size of 0.43. 244 Main Street is a studio with 0.0 baths. The property's zip code is 02176 which is in Melrose, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/8/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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244 Main Street

Lots and Land for sale in Melrose, MA

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