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For sale
  • $1,189,000

    56 Franklin St, Melrose, MA 02176

    5beds
    2,680sqft
    : 
    $7,471/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $444/sqft
    $-- HOA

    What's special

    Walk-in showerSide porchTimeless period characterSide yardEat-in kitchenStorage shedOpen dining area
    *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!**
    15 hours
    160
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Leeman & Gately 781-307-1243,

    Compass 617-206-3333

    Source: MLS PIN,MLS#: 73599976

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Oil, Central, Heat Pump, Ductless
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
      • Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
      Features
      • Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Upgraded Cabinets, Open Floorplan, Slider, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den
      • Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
      • Basement: Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,680
      • Total interior livable area: 2,680 sqft
      • Finished area above ground: 2,680

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, Assigned
      • Uncovered spaces: 4
      Features
      • Patio & porch: Deck
      • Exterior features: Balcony/Deck
      Lot
      • Size: 8,242 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 659579
      • Zoning: URC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
      Location
      • Region: Melrose

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $868,800
      • Annual tax amount: $9,965
      • Date on market: 11/7/2026
      • Listing terms: Contract
      • Total actual rent: 0
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/7/2026Listed for sale$1,189,000+60.7%$444/sqft
        Source: MLS PIN #73599976 Report a problem
        5/8/2026Listing removed$739,900$276/sqft
        Source: MLS PIN #73500379 Report a problem
        4/13/2026Listed for sale$739,900$276/sqft
        Source: MLS PIN #73500379 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Melrose Highlands

        Getting around

        76 / 100
        Very Walkable
        33 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ask Super
        • Middle: Melrose Middle
        • High: Melrose High

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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