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3 Franklin Terrace, Melrose MA 02176

$825,000

Estimated $5,826/month Calculator

Single Family

4 Bedrooms

Baths

1510

Total Parking: 2

3,963 (0.09)

Built in 1893

Located in the desirable Melrose Highlands, this thoughtfully updated, 4-bedroom, 2-bath home offers the perfect blend of charm, functionality, and walkable convenience. The sun-filled eat-in kitchen, featuring a large island, gas cooktop, and abundant storage, is ideal for the serious home chef. The sliding door off the dining room opens to a composite deck, perennial gardens, and fenced backyard that is perfect for outdoor dining and play. A stunning new bath showcases a custom vanity, linen tower, and Carrera marble tiled shower with glass enclosure. Three generous bedrooms with ample closets finish the second floor. The walk-up third floor is a flexible space for a fourth bedroom, home office, gym, or a future master suite. Front and back porches, side-by-side parking, ample attic and basement storage, top-rated schools, nearby playgrounds, cafés, yoga, restaurants, and a 7-minute walk to the commuter rail complete this exceptional home.

This home has been viewed 2 times

Last Checked: June 3rd, 2026 at 4:58pm (Source: MLS PIN #73524010)

Air Conditioning

Waterview

Lead Paint Free

General Information for 3 Franklin Terrace, Melrose MA 02176

Listing ID73524010

Property TypeSingle Family / Detached

Price$825,000 ($546.36/SqFt)

StyleColonial

CityMelrose

CountyMiddlesex

MLS AreaMelrose Highlands

Neighborhood(s)

Garage Parking0

ZoningURA

Year Built1893

Year Built SourceOwner

Year Built DetailsActual

Interior Features for 3 Franklin Terrace, Melrose MA 02176

Approximate Living Area Total1510

Living Area Includes BasementNo

Rooms7

Bedrooms4

Primary En Suite BathroomNo

BasementFull

Cooling1, Split

Fireplaces

AppliancesRange

FlooringTile

Electric220 Volts

Exterior Features for 3 Franklin Terrace, Melrose MA 02176

Approximate Lot Size (Acres)0.09

Approximate Lot Size (Square Feet)3963

Total Parking2

Garage Parking0

WaterPublic

SewerPublic Sewer

Lot Features

Parking Features1

Exterior FeaturesPorch

Foundation Materials

Construction MaterialsFrame

Road Frontage Type

Patio & PorchCovered

Roof MaterialAsphalt/fiberglass Shingles

Utility Connections110 Volts

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Pool Features

Horse Permitted0

Horse Amenities

Disclosures for 3 Franklin Terrace, Melrose MA 02176

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Special Listing Conditions

ExclusionsSeller's Personal Items

Compensation Based On

Financial Information for 3 Franklin Terrace, Melrose MA 02176

Association Fee

Association Fee Frequency

Association Fee Includes

Real Estate Tax8912.19

Tax Year2026

Assessed Value$777,000

Location Information for 3 Franklin Terrace, Melrose MA 02176

Elementary SchoolRoosevelt Elementary School

Middle SchoolMelrose Veterans Memorial Midd

High SchoolMelrose High School

Neighborhood(s)

MLS AreaMelrose Highlands

Area AmenitiesWalk/jog Trails

Contact Information for 3 Franklin Terrace, Melrose MA 02176

Agent

Name: Lisa Ballew

Office

Name: Coldwell Banker Realty - Andovers/Readings Regional

Phone: 978-475-2201

Payment Calculator

, Interest

Property Taxes 742.68

Principal & Interest 5083.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Andovers/Readings Regional

Lisa Ballew

Agent Phone

Office Phone

(978) 475-2201

Text Agent Call Agent Call Office

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EXIT

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