For Sale
56 Franklin St, Melrose, MA
Melrose · MA 02176
- $1,189,000
- Price
- 5
- Beds
- 3.5
- Baths
- 2680
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
8,242 Sq.Ft Lot
Price per square foot:
$444 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
*A Rare Opportunity Offering Exceptional Flexibility, Character & Income Potential!**This charming townhouse blends timeless period character with thoughtful modern updates, while offering the added benefit of a **brand-new, attached, two-level, HERS-rated 900 sq. ft. Accessory Dwelling Unit (ADU)**—an incredible opportunity for multi-generational living, extended family, guests, or potential rental income.The main townhouse is filled with character and period charm, boasting high ceilings, beautiful hardwood floors, and generously proportioned rooms. The flexible layout features an inviting living room and open dining area, along with an eat-in kitchen offering abundant cabinetry, granite countertops, and stainless steel appliances. A first-floor primary bedroom with a spacious walk-in closet/office & a full bath complete the main level. Upstairs, you'll find two additional generously sized bedrooms and a beautifully updated full bath featuring a walk-in shower, tile flooring, and convenient second-floor laundry. A storage shed, side yard, side porch & 2 car parking are also included. The **brand-new, two-level ADU** is an exceptional addition, thoughtfully designed with approximately 900 sq. ft. of living space & is HERS rated & all electric central Heat & AC. This impressive second living space has it's own entrance from the back driveway on the 2nd level and is all new, featruing an open-concept kitchen & livingroom with a center island, granite, stainless steel appliances, 2bdrms & a full bath. The ADU also has its own deck and exclusive yard area & 2-car parking. Additional highlights for both include basement storage, new roofs, central A/C, new & newly refinished hardwood floors, fresh interior and exterior paint. Ideally located within walking distance to the Oak Grove bus, Highlands Commuter Rail, Whole Foods, restaurants, and Melrose High and Middle Schools, with easy access to the Fells Reservation, Route 1, and Route 93.**A truly unique offering combining the charm of a classic Melrose home with the versatility of a brand-new, energy-efficient ADU. Enjoy the flexibility, convenience, and lifestyle this exceptional property provides, all in a welcoming community just 7 miles from Boston!**
Neighborhood & Transit
56 Franklin St, Melrose · MA 02176
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Melrose Highlands Commuter Rail 1 route 0.35 mi
- Haverhill Line
Price Insight
- Days on Market:
- 0 days
- Listing Price:
- $1,189,000
- Price per Sq.Ft:
- $444
- Tax Assessment:
- $868,800 in 2026
- Taxes:
- $830 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 3
- Half Bathrooms
- 1
- Living Area
- 2,680 Sq.Ft
- Broker Disclosure about Living Area
- Measurements are the combined updated townhouse & new attached ADU. Measurements are approximate.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2680
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 8,242 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Leeman & Gately
- Listing office
- Compass
- MLS PIN #
- 73599976
- Disclosure
- Consists of an updated 2 level, 7 rm, 2 ba townhouse w/2 car off st. parking & attached newly built 2 level, 4 rm, 2 bdrm, 2 ba, ADU w/2 car off st. parking. Taxes & assessments are based on the original 2 family & TBD. All info is deemed reliable but not not guaranteed, buyers should confirm.
- Disclosure
- Measurements are the combined updated townhouse & new attached ADU. Measurements are approximate.