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Patrick Cooper
REALTOR®
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56 Franklin Street, Unit 56, Melrose, MA 02176

$1,189,000
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BEDS5 BATHS3 full 1 partial SQUARE FEET2,680 MLS#73599459
STATUSActive PROPERTY TYPEResidential - Condominium

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!**

56 Franklin Street, Unit 56 | MLS# 73599459

This condo located at 56 Franklin Street, Unit 56, Melrose, MA 02176 is currently listed for sale with an asking price of $1,189,000. This property was built in 1900 and has 5 bedrooms and 3 full and 1 partial baths with 2680 sq. ft. Search Melrose real estate on patrickcooper.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: Y
Cooling: Central Air
Heating: Forced Air, Oil
Roof Type: Shingle, Rubber
Stories: 2.0
Taxes: $9,965
Year Built: 1900

Amenities

Closet
Recessed Lighting
Closet/Cabinets - Custom Built
Countertops - Stone/Granite/Solid
Kitchen Island
Bathroom - Half
Office
Kitchen
Media Room
Balcony / Deck
Deck
Storage

Feature Descriptions

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Association Fee: $525
Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Building Area Total: 2680
Building Name: Franklin Street Condominiums
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
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 7
Dining Room: Flooring - Hardwood, Open Floorplan, Recessed Lighting
Electric: Circuit Breakers
Exterior: Frame
Flooring: Tile, Hardwood, Flooring - Hardwood
HeatingY/N: 1
Kitchen: Ceiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Laundry: Bathroom - Full, In Unit
Living Room: Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
Master Bathroom: No
Master Bedroom: Ceiling Fan(s), Closet, Flooring - Hardwood, Recessed Lighting
Office: Closet, Flooring - Hardwood, Recessed Lighting
Open Parking Y/N: Yes
Parcel Number: 659579
Parking Features: Off Street, Assigned, Paved
Parking Total: 4
Patio And Porch: Deck
Pets Allowed: Yes
Property Attached Y/N: 1
Rooms Total: 11
Sewer: Public Sewer
Structure Type: Townhouse,2/3 Family, Attached
Units: 2
Water: Public

Room Sizes

Bathroom 1: 9.00 X 6.00 Level - Second
Bathroom 2: 13.00 X 12.00 Level - Third
Bathroom 3: 9.00 X 7.00 Level - Third
Bedroom 2: 12.00 X 12.00 Level - Third
Bedroom 4: 17.00 X 10.00 Level - Second
Bedroom 5: 13.00 X 9.00 Level - Third
Dining Room: 19.00 X 8.00 Level - Second
Kitchen: 17.00 X 12.00 Level - Second
Living Room: 12.00 X 11.00 Level - Second
Primary Bedroom: 12.00 X 12.00 Level - Second
Office: 9.00 X 9.00 Level - Second

Local Schools

High School: Melrose High
Middle School: Melrose Middle
Elementary School: Ask Super

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: Leeman & Gately
Agency Phone: 617-206-3333

Shown By

Agent Name: Patrick Cooper
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 3,823.41 per month $2,646.20 Principal & Interest $830.42 Property Tax $346.79 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/12/2026. The listing information on this page last changed on 11/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 11/12/2026 12:06:10 AM EST) or MLSPIN MLS (last updated Wed 11/11/2026 11:38:31 PM EST) or Prime MLS (last updated Wed 11/11/2026 11:32:43 PM EST) or MREIS (last updated Thu 11/12/2026 12:05:15 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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