Franklin Street Condominiums

56 Franklin Street, Unit 56Melrose, MA 02176MLS Number 73599459

  • Price: $1,189,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Open House
56 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 0217656 Franklin Street Melrose MA 02176
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  • 5Bedrooms
  • 4Bathrooms
  • 1900Year Built
  • 2,680Square Feet

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**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!**

Open Houses

November 7th
Starts: 12:00pm
Ends: 1:30pm
Listed by Leeman & Gately of Compass

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More Info

Basic Information

  • Bedrooms5
  • Mls StatusNew
  • Bathroom4
  • Parcel Number 659579
  • Unit Number56

Basic Information

  • List Price$1,189,000
  • MLS Number73599459
  • Modification Date11/05/2026
  • Property SubTypeCondominium

Building

  • BasementY
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Entry Level 2
  • Patio And Porch Features Deck
  • Property NameFranklin Street Condominiums
  • Rooms11
  • Stories2
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Effective 2026
  • Year Built Source Public Records

Property Information

  • Square Feet2,680
  • Building Area Source Measured
  • Living Area 2,680
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Townhouse,2/3 Family, Attached

Tax Information

  • Tax Assessed Value $868,800
  • Tax Year 2026
  • Taxes$9,965

Parking

  • Parking Spaces4
  • Open Parking YN Yes
  • Parking Features Off Street, Assigned, Paved

Location

  • SubdivisionFranklin Street Condominiums
  • Address56 Franklin Street
  • Building Number56
  • CountyMiddlesex
  • StateMA
  • StreetFranklin Street
  • TownMelrose
  • Zip02176

Interior

  • Flooring Tile, Hardwood, Flooring - Hardwood
  • Interior Features
    • Bathroom - Half
    • Closet
    • Closet/Cabinets - Custom Built
    • Countertops - Stone/Granite/Solid
    • Kitchen
    • Kitchen Island
    • Media Room
    • Office
    • Recessed Lighting

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Oil
  • Sewer Public Sewer
  • Water Source Public

Other

  • Association Fee $525
  • Association Fee Includes Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
  • Date Listed11/05/2026
  • Farm Land Area Units Square Feet

School Information

  • High School Melrose High
  • Elementary SchoolAsk Super
  • High SchoolMelrose
  • Junior HighMelrose Middle

Rooms

  • Bathroom 1 Second,9 x 6
  • Bathroom 2 Third,13 x 12
  • Bathroom 3 Third,9 x 7
  • Bathrooms Total Decimal 3.5
  • Bedroom 2 Third,12 x 12
  • Bedroom 3 Third,11
  • Bedroom 4 Second,17 x 10
  • Bedroom 5 Third,13 x 9
  • Dining Room Second,19 x 8
  • Full Bath3
  • Half Baths1
  • Kitchen Second,17 x 12
  • Living Room Second,12 x 11
  • Master Bedroom Second,12
  • Office Second,9 x 9

Exterior

  • Exterior Features Balcony / Deck, Deck, Storage
  • RoofShingle, Rubber

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement, Golf, Tennis
  • PetsYes

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

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