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Sold for $1,025,000 on 04/24/25
  • $1,025,000

    56-58 Franklin St, Melrose, MA 02176

    6beds
    2,650sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $387/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 11:59am

    Listed by:

    Kimberly Kearns-Nardone,

    Kearns Nardone Realty LLC,

    Vanessa Palmieri

    Bought with:

    Leeman & Gately

    Compass

    Source: MLS PIN,MLS#: 73347838

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Oil
    Features
    • Pantry, Philadelphia, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Living Room, Dining Room, Kitchen
    • Flooring: Tile, Laminate, Hardwood
    • Windows: Box/Bay/Bow Window(s), Insulated Windows
    • Basement: Full,Interior Entry,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 2,650
    • Total interior livable area: 2,650 sqft
    • Finished area above ground: 2,650

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Enclosed
    • Exterior features: Rain Gutters
    • Fencing: Fenced
    Lot
    • Size: 8,242 sqft
    • Features: Corner Lot, Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: M:D12 P:0000039,659579
    • Zoning: URC

    Construction

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

    Utilities & green energy

    • Electric: 200+ Amp Service, Knob & Tube Wiring
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • 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
    Location
    • Region: Melrose

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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