Dimensions12 x 12
FeaturesCloset, Flooring - Hardwood, Recessed Lighting
LevelThird
56 Franklin Street # 56, Melrose MA 02176
Melrose, MA 02176
$1,189,000
Est. $7,568/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
07
Nov
Saturday, November 7
12:00 PM - 1:30 PM EST
08
Nov
Sunday, November 8
12:00 PM - 1:30 PM EST
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, 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 minutes from Boston!**
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Recently Sold Nearby
Price & Status History
Property Timeline
Listed for Sale
Nov 5, 2026
$1,189,000
Original listing
Agent: Leeman & Gately
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/05/2026 | 🏠 Listed for Sale | $1,189,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,965 | $868,800 |
Financial Details
Annual Property Tax
$9,965
Tax Year 2026
HOA Fee
$525
Per month
Assessed Value
$868,800
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1900
Living Area
2,680 sq ft
Stories
2
Bedrooms
5
Full Baths
3
Half Baths
1
Total Rooms
11
Interior
Heating
Forced Air, Oil
Cooling
Central Air
Flooring
Tile, Hardwood, Flooring - Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Bathroom - Full, In Unit
Features
Closet, Recessed Lighting, Closet/cabinets - Custom Built, Countertops - Stone/granite/solid, Kitchen Island, Bathroom - Half, Office, Kitchen, Media Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
Balcony / Deck, Deck, Storage
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Off Street, Assigned, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,965
Assessed Value
$868,800
HOA & Community
HOA Fee
$525
Fee Includes
Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
1
Pets
Yes
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Includes An Attached 4 Rm, 2bd, 2 Ba, 900 Sq Ft Adu W/2 Exclusive Parking. Townhouse Consists Of 7 Rms, 3 Bdrm, 2 Ba & 2 Exclusive Parking. Taxes & Assessments Are Based On The Original 2-family & Will Be Determined. All Info Is Deemed Reliable But Not Guareenteed, Buyers & Buyers Agent To Confirm.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse","2/3 Family","Attached"]
Unit/Building
56
Sq Ft Source
Measured
Sq Ft Disclosures
A 900 Sq ft attached ADU is included in total Sq.Ft. & total rm count, see both attached fl plans
Documents
Master Deed, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (5)
County
Middlesex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,680 sq ft
Total Rooms
11
Stories
2
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,680 sq ft above grade
FeaturesCloset, Flooring - Hardwood
LevelThird
Dimensions13 x 9
LevelThird
Dimensions13 x 12
FeaturesBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
LevelThird
Dimensions9 x 7
FeaturesBathroom - Full, Bathroom - Half
LevelThird
Dimensions9 x 9
FeaturesCloset, Flooring - Hardwood, Recessed Lighting
LevelSecond
Dimensions17 x 12
FeaturesCeiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
LevelSecond
Dimensions17 x 10
FeaturesCloset, Flooring - Hardwood
LevelSecond
Dimensions9 x 6
FeaturesBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelSecond
Dimensions19 x 8
FeaturesFlooring - Hardwood, Open Floorplan, Recessed Lighting
LevelSecond
Dimensions12 x 11
FeaturesCeiling Fan(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
LevelSecond
Dimensions12 x 12
FeaturesCeiling Fan(s), Closet, Flooring - Hardwood, Recessed Lighting
LevelSecond
FeaturesNo
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood, Flooring - Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Closet, Recessed Lighting, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Kitchen Island, Bathroom - Half, Office, Kitchen, Media Room
Windows:
Basement:
Y
Laundry:
Bathroom - Full, In Unit
Security:
Construction & Materials
Year Built:
1900
Effective Year (Renovated):
2026
Structure Type:
Townhouse, 2/3 Family, Attached
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Stories:
2
Utilities & Systems
Heating:
Forced Air, Oil
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony / Deck, Deck, Storage
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street, Assigned, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$830
Homeowners Insurance
$200
HOA Fee
$525/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
56 Franklin Street # 56, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Leeman & Gately
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM336476
Office MLS ID
AN2383
Listing Data Updated
Nov 5, 2026 4:51 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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