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56-58 Franklin St Melrose, MA 02176
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Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $386
MLS Listing ID 73347838
Bedrooms 6
Full Baths 2
Year Built 1900
Annual Tax Amount $8,272
Tax Year 2025
Lot Size 8,276 Sqft
Property Sub-Type Multi Family
Property Description
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!
Location
State MA
County Middlesex
Zoning URC
Interior
Heating Forced Air, Oil
Flooring Tile, Laminate, Hardwood
Exterior
Exterior Feature Rain Gutters
Fence Fenced
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
Utilities Available for Gas Range
Roof Type Shingle
Building
Lot Description Corner Lot, Level
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Franklin
Middle Schools Mvmms
High Schools Mhs
Read Less
Bought with Leeman & Gately • Compass
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