752 Franklin St Melrose MA 02176 MLS #73300757

752 Franklin St
Melrose, MA, 02176
$1,249,000
7 Beds
3 Baths
3,713 SqFt
0.18 Acres
$1,249,000
752 Franklin St
Melrose, MA, 02176
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 Details

Price:
$1,249,000
MLS #:
73300757
Status:
Active
Beds:
7
Baths:
3
Address:
752 Franklin St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Melrose
Listed Date:
Oct 10, 2024
State:
MA
Finished Sq Ft:
3,713
Total Sq Ft:
3,713
ZIP:
02176
Lot Size:
7,723 sqft / 0.18 acres (approx)
Year Built:
1880
Units:
2

Schools

Middle School:
Melrose
High School:
Melrose

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Fireplaces Total
1
Flooring
Tile, Hardwood
Heating
Hot Water, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, T- Station
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Shingle, Rubber

Financial

Net Operating Income
$33,600
Tax Year
2024
Taxes
$9,701
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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752 Franklin St
Melrose, MA