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56-58 Franklin St, Melrose MA 02176 – 6 bed 2 bath For Sale – 73347838

$ 925,000
56-58 Franklin St, Melrose MA 02176,

Overview

  • Updated On:
  • March 25, 2025
  • listingid
  • 73347838
  • 6 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 6 Non-Garage Parking Spaces
  • 1900

Description

This well-maintained, unique Philadelphia-style two-family home, with its solid bones and strong structure, offers an excellent opportunity for rental income, multi-generational living, or future expansion. Situated on a prime corner lot near local amenities, it features two incredibly spacious, move-in-ready units: a 4-bedroom/1-bath and a 2-bedroom/1-bath, both updated with modern finishes while retaining classic charm. Each unit is independently metered for utilities, offering ease of use. The layouts maximize space with large rooms and a seamless flow. The home boasts a durable exterior and plentiful natural light. The expansive basement and oversized shed in the private yard provide abundant storage space. The off-street parking area accommodates up to six vehicles, enhancing practicality. With easy access to shopping, parks, and public transit, this property combines convenience with investment potential. Don’t miss this opportunity for comfort and income generation!

This property is listed by Kimberly Kearns-Nardone from Kearns Nardone Realty LLC

Property Listing Details

Overview

MLS Status
Price $ 925,000
Living Area 2,650.00 ft2
Bedrooms 6
Total Rooms 12
Listing MLS ID 73347838
Days on Market 5
Bathrooms 2

Unit Information

Bedrooms 6
Full Bathrooms 2
Half Bathrooms 0
Cooling
Heating Forced Air,Oil
Uncovered Parking 6
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete
Patio And Porch Features Enclosed
Parking Features Paved Drive,Off Street,Paved
Waterview Features
Flooring Tile,Laminate,Hardwood

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Private School,Public School,T-Station
Disclosures The property will be delivered vacant.
Last Updated 2025-03-25T00:44:00.000Z
Building Area Source Owner
MLS PIN Page
Parcel Number M:D12 P:0000039,659579
Original List Price 925000
Listing Office kearns nardone realty llc
Tax Annual Amount 8272
Tax Assessed Value 835600
Tax Book Number 63096
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning URC
Listing Agent kimberly kearns-nardone

Property Address

Address: 56-58 Franklin St, Melrose MA 02176
City:
State/County:
Zip: 02176
Country: US

Amenities and Features

Other Features
Ceiling Fan(s)
Dining Room
Dishwasher
Has Heating System
Internet Available - Unknown
Kitchen
Living Room
Microwave
Open Parking
Pantry
Philadelphia
Rain Gutters
Range
Refrigerator
Stone/Granite/Solid Counters

Payment Calculator

$ 5,300.01
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,436.67

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

Ailaa Himalayan Bar and Grill
(2.48 miles)Ailaa Himalayan Bar and Grill
Peppino’s Italian Market
(0.05 miles)Peppino’s Italian Market
Fumi
(0.26 miles)Fumi
The Bangkok
(1.08 miles)The Bangkok
The Emporio
(2.19 miles)The Emporio

Health & Medical

Montvale Diagnostic Center
(2.63 miles)Montvale Diagnostic Center
Boston Pain Specialist
(0.57 miles)Boston Pain Specialist
Heidrun Jacobi Acupuncture
(1.06 miles)Heidrun Jacobi Acupuncture
Nutrition & Whole Health Solutions
(2.1 miles)Nutrition & Whole Health Solutions
RG Nutrition and Wellness
(2.59 miles)RG Nutrition and Wellness

Shopping

Square One Mall
(1.83 miles)Square One Mall
Apple Of My Eye
(0.25 miles)Apple Of My Eye
My Sisters Closet
(2.24 miles)My Sisters Closet
Trinity Thrift Shop
(0.61 miles)Trinity Thrift Shop
Hideaway Boutique
(1.04 miles)Hideaway Boutique

Contact Me

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56-58 Franklin St, Melrose MA 02176 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

56-58 Franklin St, Melrose MA 02176 – 6 bed 2 bath For Sale – 73347838

$ 925,000

Status:

56-58 Franklin St, Melrose MA 02176, , , 02176

Country: US

Property Overview

MLS #: 73347838

Type: /

Action:

Year Built: 1900 (Actual, Source: Public Records, Effective: )

Living Area: 2,650.00 ft2 (Total: 2650 Square Feet, Source: Owner)

Lot Size: 0.19 ft2 (Area: 0.19 Acres, SqFt: 8242)

Total Rooms: 12

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )

Basement: Full,Interior Entry,Concrete

Fireplaces: 0 ()

Flooring: Tile,Laminate,Hardwood

Laundry:

Window Features: Box/Bay/Bow Window(s),Insulated Windows

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: )

Roof: Shingle

Stories: 4 (4)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Forced Air,Oil

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range

Electric: 200+ Amp Service,Knob & Tube Wiring (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 6

Parking Features: Paved Drive,Off Street,Paved

Pool:

Spa:

Patio/Porch: Enclosed

Fencing: Fenced

Lot Features: Corner Lot,Level

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures: Shed(s)

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Private School,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: Franklin, M: Mvmms, H: Mhs

Zoning: URC ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

This well-maintained, unique Philadelphia-style two-family home, with its solid bones and strong structure, offers an excellent opportunity for rental income, multi-generational living, or future expansion. Situated on a prime corner lot near local amenities, it features two incredibly spacious, move-in-ready units: a 4-bedroom/1-bath and a 2-bedroom/1-bath, both updated with modern finishes while retaining classic charm. Each unit is independently metered for utilities, offering ease of use. The layouts maximize space with large rooms and a seamless flow. The home boasts a durable exterior and plentiful natural light. The expansive basement and oversized shed in the private yard provide abundant storage space. The off-street parking area accommodates up to six vehicles, enhancing practicality. With easy access to shopping, parks, and public transit, this property combines convenience with investment potential. Don’t miss this opportunity for comfort and income generation!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 2

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 0, Lease: N

Unit 2: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 0, Lease: N

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 8272 (Year: 2025)

Tax Assessed Value: 835600

Tax Block/Lot/Book/Map: / / 63096 /

Parcel Number: M:D12 P:0000039,659579

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 0

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Kimberly Kearns-Nardone (MLS ID: CN237194) / Team: CN252892

Listing Office: Kearns Nardone Realty LLC (MLS ID: AN8824)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-03-19

Expiration Date: 1900-01-01

Original List Price: 925000

Price Per SqFt (List): 349.06

Market Time (Property): 5 (Broker: 5, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Main Street to Franklin Street

Disclosures: The property will be delivered vacant., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: Buyer/buyer's agent to do their due diligence. (Incl. Base: No, Other: )

Master Book/Page: / (Page: 244)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-04-24T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-03-24

Sold vs Rent:

System Information

Property ID: 1910679

Modification Timestamp: 2025-03-25T00:44:00.000Z

Bridge Modification Timestamp: 2025-03-25T00:46:19.584Z

Original Entry Timestamp: 2025-03-20T02:20:00.000Z

Status Change Timestamp: 2025-03-25T00:44:00.000Z

Off Market Date: 2025-03-24

Development Status:

Business Type:

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