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$1,189,000
Condo Name: Franklin Street Condominiums
5 Beds 4 Baths
HOA
$525
SQFT
2680
56 Franklin Street
Melrose, MA 02176
View Map

Property Description

**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!**

Property Details

Amenities

  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, Walk/Jog Trails
  • Association Fee Includes: Landscaping, Master Insurance, Reserve Funds, Snow Removal

Kitchen, Dining, and Appliances

  • Kitchen Dimensions: 17X12
  • Kitchen Level: Second Floor
  • Ceiling Fan(s), Countertops - Stone/Granite/Solid, Dining Area, Exterior Access, Flooring - Hardwood, Gas Stove, Recessed Lighting, Stainless Steel Appliances
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Dimensions: 19X8
  • Dining Room Level: Second Floor
  • Dining Room Features: Flooring - Hardwood, Open Floor Plan, Recessed Lighting

Bathrooms

  • Full Baths: 3
  • Half Baths 1
  • Bathroom 1 Dimensions: 9X6
  • Bathroom 1 Level: Second Floor
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Dimensions: 13X12
  • Bathroom 2 Level: Third Floor
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall, Dryer Hookup - Electric, Flooring - Stone/Ceramic Tile, Washer Hookup
  • Bathroom 3 Dimensions: 9X7
  • Bathroom 3 Level: Third Floor
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Half

Bedrooms

  • Bedrooms: 5
  • Master Bedroom Dimensions: 12X12
  • Master Bedroom Level: Second Floor
  • Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 2 Dimensions: 12X12
  • Bedroom 2 Level: Third Floor
  • Master Bedroom Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 3 Level: Third Floor
  • Master Bedroom Features: Closet, Flooring - Hardwood

Other Rooms

  • Total Rooms: 11
  • Living Room Dimensions: 12X11
  • Living Room Level: Second Floor
  • Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Open Floor Plan, Recessed Lighting

Utilities

  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Cooling: Central Air
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 2680
  • Unit Building: 56
  • Unit Level: 2
  • Floors: 2
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Franklin Street Condominiums
  • Condo Type: Condo
  • Complex Complete: Yes
  • Year Converted: 2026
  • Number of Units: 2
  • Number of Units Owner Occupied: 1
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $525
  • Management: Owner Association

Construction

  • Year Built: 1900
  • Style: 2/3 Family, Attached, Townhouse
  • Construction Type: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Assigned
  • Parking Features: Assigned, Off-Street, Paved Driveway
  • Parking Spaces: 4

Exterior & Grounds

  • Exterior Features: Deck, Storage Shed
  • Pool: No

Other Information

  • MLS ID# 73599459
  • Last Updated: 11/09/26
  • Documents on File: Association Financial Statements, Certificate of Insurance, Floor Plans, Management Association Bylaws, Master Deed

Mortgage Calculator

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Map

Seller's Representative: Leeman & Gately, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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

MLS PIN data last updated at 2026-11-09 03:05:00