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ActiveListed 5 days ago

$1,189,000

56 Franklin Street #56, Melrose, MA 02176

5
beds
3.5
baths
2,680
sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1900
On the marketDays since the home was listed. New listings tend to move fastest.
5 days ago
Property type
Condominium
HOA / condo feeWhat the owners' association charges — usually covers shared upkeep, insurance on common areas, and sometimes heat or water. Ask us what's included.
$525/mo
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$444
ParkingSpaces that come with the home, as reported to the MLS.
4 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$9,965

What’s Special

  • Laundry: In Unit
  • Central Air
  • Balcony / Deck

**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!**

Listing courtesy of Leeman & Gately, Compass · MLS PIN #73599459

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
5
Bathrooms
3 full, 1 half
Living area
2,680 sqft

Interior

9
  • Closet
  • Recessed Lighting
  • Closet/Cabinets - Custom Built
  • Countertops - Stone/Granite/Solid
  • Kitchen Island
  • Bathroom - Half
  • Office
  • Kitchen
  • Media Room

Exterior

3
  • Balcony / Deck
  • Deck
  • Storage

Parking

3
  • Off Street
  • Assigned
  • Paved

Laundry

2
  • Bathroom - Full
  • In Unit

Heating

2
  • Forced Air
  • Oil

Cooling

1
  • Central Air

Appliances

7
  • Range
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Dryer

MLS PIN #73599459 · Listed November 5, 2026

Location

56 Franklin Street #56, Melrose · All Melrose homes

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Call (857) 322-7325

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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, landlords 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, leasing or renting 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, leasing or renting. 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.