20 days on rocket

752 Franklin St, Melrose, MA, 02176

$1,249,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths
3,713 SqFt
$336/SqFt
Multi

Location

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752 Franklin St, Melrose$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Garage2 spaces
Year Built1880
HeatingHot Water, Natural Gas
CoolingNone
BasementYes
MLS #73300757
Lot Size0.18 Acres
StatusActive

About 752 Franklin St

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

Property Features

Property Information:

  • Year Built: 1880
  • Living Area: 3,713 SqFt

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Office Phone: (781) 979-0100
  • Listing Agent: The Mary Scimemi Team

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Hardwood
  • Interior: Ceiling Fan(s), Living Room, Dining Room, Kitchen, Sunroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: On the corner of Franklin and Garden with driveways on both sides

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000
  • Price Per SqFt: $336/SqFt

Tax Information:

  • Annual Amount: $8,975
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Melrose, MA.

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Melrose, MA

City

Med. Sold Price

$828K

Med. Price/SqFt

$460

Avg. Days On Market

24

# of Sold Homes

24

752 Franklin St vs Melrose

20 DAYS ON ROCKET

-4 Days

$1,249,000

+$421K More

$336/SqFt

-$125 Less

KEY TAKEAWAY

This property is $421K more than the Median Sold Price and $125/SqFt less than other homes in Melrose, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73300757

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Office Phone: (781) 979-0100
  • Listing Agent: The Mary Scimemi Team

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/30/2024, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2021Home Sold
$967,500
Oct 06, 2015Home Sold
$665,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,975$819,600
2020$8,566$775,200
2019$7,956$736,000
2018$7,865$694,200
2017$7,603$644,300

History based on county public records data.

Payment Calculator

$6,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-393732
8
/10

  • Roosevelt

  • 253 Vinton St

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-393733
5
/10

  • Colonial Park

  • 30 Avalon Rd

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-393734
9
/10

  • Horace Mann

  • 40 Damon Ave

  • 0.78 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,521. Residents of Melrose, MA typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Melrose›02176›752 Franklin St

This home is located at 752 Franklin St in Melrose, MA and zip code 02176. This 3,713 square foot home, which was built in 1880, sits on a 0.18 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $1,249,000.

In September 2024, from all listings sold in Melrose, MA there were more than 11 sold above asking price, over 12 sold below and more than 1 were sold right at the asked price. In September 2024 in Melrose, MA there were 2.8% less homes for sale than in August 2024. In September 2024 median list price was $828,000 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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