One of a kind Architecturally distinctive VICTORIAN offers 3,564 sq.ft. living area across 13 rooms, 6 bedrooms, 3 full baths. Striking bottle glass stucco facade, stained glass window. 9 foot ceilings, hardwood floors, elegant crown moldings and abundant natural light throughout. Separate utilities, walkout basement, off street parking. Owners unit (1st floor) open concept living room, fireplaced dining room, 3 bedrooms, master bedroom with ensuite bath. Unit 2 Kitchen, Living room, dining room, 3+ bedrooms, hardwood floors, in unit laundry.Melrose HIGHLANDS Location convenient to MBTA Train, Bus, schools, parks, playgrounds, shopping, medical facility. Perfect setup for owner occupants, investors, multigenerational living. Built to accomodate todays lifestyle.Priced to sell for todays market.Buyers to perform their own due diligence regarding other potential uses. Seller would like short rent back after closing. Actively looking for housing. TAW Tenant. $3400/mo FMV rent. Shown by appt. NO OPEN HOUSE.
This home has been viewed 9 times
Last Checked: July 24th, 2026 at 8:38am (Source: MLS PIN #73543191)
Gross Income: $0
Gross Expenses: $15,150
Net Income Calc: $15,150
Annual Expenses for 629 Franklin Street, Melrose MA 02176
Total Gross Expenses (Calculated)$15,150/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15150.72
Annual Income & Unit Breakdown for 629 Franklin Street, Melrose MA 02176
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 629 Franklin Street, Melrose MA 02176
Listing ID73543191
Property TypeMulti Family / 2 Family
Price1349000 ($378.51/SqFt)
Style2 Family - 2 Units Up/down
CityMelrose
CountyMiddlesex
MLS AreaMelrose Highlands
Neighborhood(s)
Approximate Living Area Total3564
Approximate Lot Size (Acres)0.49
Total Parking4
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsUnknown/Mixed
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningURA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 629 Franklin Street, Melrose MA 02176
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 629 Franklin Street, Melrose MA 02176
Real Estate Taxes15150.72
Tax Year2026
Assessed Value$1,320,900
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 629 Franklin Street, Melrose MA 02176
Neighborhood(s)
MLS AreaMelrose Highlands
Area AmenitiesWalk/jog Trails
Contact Information for 629 Franklin Street, Melrose MA 02176