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You are here:
Home Massachusetts Melrose Multi-Family Homes for Sale

752 Franklin St Melrose, MA 02176

$1,249,000
2 Unit
7 Beds
3 Baths
3713 SQFT
0.18 Acre
752 Franklin St
Melrose, MA 02176

Property Description

This grand two-family home blends charm and versatility, featuring a massive owner’s unit and beautifully preserved details like elegant wainscoting, soaring ceilings, and original hardwood floors.The expansive owner’s unit spans the 2nd and 3rd floors, offering 5 bedrooms, 2 full baths, a formal dining room, a bright living room, and a charming three-season porch with stained glass picture window. Large windows allow natural light to pour in, creating a warm, inviting atmosphere.The first-floor unit equally impressive, with 2 bedrooms, 1 bath, a formal dining room, a living room, a sun porch, and a private entrance. Both units share a large basement for ample storage, and the home features newer high-efficiency heating systems with separate utilities.This is a fantastic investment with projected rents of $6,600+ per month, or perfect for an end user seeking single-family-style living with the first-floor unit providing income to help subsidize costs.Prime Melrose Highlands location

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Park, Public Transportation, Shopping, Tennis Court, T-Station
  • Basement Features: Full, Garage Access
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Ceiling Fans, Tile Floor
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 33600
  • Net Operating Income: 33600

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated, Yes
  • Warranty: No

Other Information

  • MLS ID# 73300757
  • Last Updated: 10/15/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/14/2024Active$1,249,000$336MLSPIN
10/10/2024New$1,249,000$336MLSPIN

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Map & Resources

Roosevelt School

Public Elementary School, Grades: K-5

0.22mi

Melrose High School

Public Secondary School, Grades: 9-12

0.44mi

Melrose Middle School

Public Middle School, Grades: 6-8

0.44mi

Domino's

Pizzeria

0.29mi

T'Ahpas 529

Spanish Restaurant

0.18mi

Mother's Pizza

Pizzeria

0.18mi

La Q Chara

Latin American Restaurant

0.19mi

Number One Taste

Chinese Restaurant

0.29mi

A Better Companion

Pet Grooming

0.33mi

Melrose Fire Department

Fire Station

0.27mi

Vernal Pool Info Sign

Swimming Pool

0.35mi

Woodland Ave

Municipal Park

0.17mi

West Hill Terrace

Municipal Park

0.18mi

Greenwood Street

Municipal Park

0.19mi

Ferdinand Wood

Municipal Park

0.33mi

Warren Street Park

Municipal Park

0.05mi

Sewall Woods Park

Municipal Park

0.23mi

Whip Hill Park

Municipal Park

0.4mi

Spring Street Park

Municipal Park

0.43mi

Daniel N. Giatrelis Family and Cosmetic Dentistry

Dentist

0.19mi

Hair Studio Six

Hairdresser

0.18mi

Simplicity Hair Studio

Hairdresser

0.22mi

Skin Sense

Skin Care

0.3mi

Northern Bank & Trust Company

Bank

0.18mi

Franklin Market

Convenience

0.23mi

Franklin St @ Apthorp Rd

131

0.04mi

Franklin St @ Vinton St

131

0.05mi

Franklin St @ Warren St

131

0.06mi

Warren St @ Melrose St

131

0.08mi

Franklin St @ Woodland Ave

131

0.08mi

Franklin St @ Greenwood St

131

0.15mi

Franklin St opp Greenwood St

131

0.15mi

Walton Pk @ South Ave

131

0.18mi

Seller's Representative: The Mary Scimemi Team, Leading Edge Real Estate
MLS ID#: 73300757

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2024-10-15 13:17:00

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