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56 58 Franklin St

Melrose, MA 02176

6 beds
2 baths
2,650 sqft
8,242 sqft lot
$386 per sqft
1900 build
– on site

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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!

Listing courtesy of MLSPIN / Kimberly Kearns-Nardone / Kearns Nardone Realty LLC

Last checked: Checking… • Last updated Apr 24, 2025 •

MLS# 73347838 —

The Building

Year Built:

1900
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Exterior Features:

Rain Gutters
Window Features:

Box/Bay/Bow Window(s)
Patio And Porch Features:

Enclosed
Levels:

4
Stories Total:

4
Stories:

4
# of Units Total:

2
Building Area Total:

2650
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Rooms Total:

12
Interior Features:

Pantry
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

2650
Living Area Source:

Owner

Location

Directions:

Main Street to Franklin Street
Latitude:

42.466986
Longitude:

-71.062467

The Property

Parcel Number:

M:D12 P:0000039,659579
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.19
Lot Size SqFt:

8242
Lot Size Acres:

0.19
Zoning:

URC
Fencing:

Fenced
Other Structures:

Shed(s)
Waterview:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Book Number:

63096
Tax Annual Amount:

8272
Tax Assessed Value:

835600

Beds

Bedrooms Total:

6

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Forced Air
Heating:

true

Utilities

Utilities:

for Gas Range
Electric:

200+ Amp Service
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

Schools

Elementary School:

Franklin
Middle Or Junior School:

Mvmms
High School:

Mhs

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

6
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/24/25 Apr 24, 2025	Sold	MLSPIN	$1,025,000	10.8%
3/24/25 Mar 24, 2025	Pending	MLSPIN	$925,000
3/19/25 Mar 19, 2025	Listed / Active	MLSPIN	$925,000	85.0% (7.6% / YR)

Multifamily Sold on 4/24/2025

$1,025,000

Listing provided by broker:

Kimberly Kearns-Nardone

Kearns Nardone Realty LLC

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Listing Courtesy of: MLSPIN and Kearns Nardone Realty LLC.

The property listing data and information 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

56 58 Franklin St

Melrose, MA 02176