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629 Franklin Street, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$1,349,000
Est. $8,284/month
6
Beds
3
Baths
3,564
Sq Ft
$379
Price/Sq Ft
0.49
Acres
1920
Year Built
4
Parking
13 hours 18 minutes
Time on Market
Active Listed Jul 7, 2026 • MLS# 73543191 Copied! • Updated Jul 7, 2026

About this home

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. Shown by appt. NO OPEN HOUSE

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 7, 2026
$1,349,000
Original listing

Tax History

Year Taxes Assessment
2026 $15,151 $1,320,900

Financial Details

Annual Property Tax
$15,151
Tax Year 2026
Assessed Value
$1,320,900

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1920
Living Area 3,564 sq ft
Lot Size 0.49 acres
Bedrooms 6
Full Baths 3
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,450/mo · N
Total Monthly Rent $2,450/mo
Gross Income $29,400
Net Operating Income $29,400
Cap Rate 2.18%
Heating Steam, Oil, Individual
Cooling Window Unit(s), Multi Units
Flooring Tile, Hardwood, Parquet, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Oven, Washer, Dryer
Fireplace Wood Burning
Fireplaces 1
Basement Full, Walk-out Access, Concrete
Laundry None
Features Ceiling Fan(s), Cathedral/vaulted Ceilings, Crown Molding, Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Bathroom With Tub & Shower, Remodeled, Heated Attic, Storage, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters
Pool None
Spa Bath
Fencing None
Patio/Porch Deck
Features Paved Drive, Off Street, Paved
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,151
Assessed Value $1,320,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
3,564 sq ft
Total Rooms
13
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood, Parquet, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Oven, Washer, Dryer
Interior Features: Ceiling Fan(s), Cathedral/Vaulted Ceilings, Crown Molding, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Remodeled, Heated Attic, Storage, Living Room, Dining Room, Kitchen
Windows: Box/Bay/Bow Window(s), Skylight(s), Insulated Windows
Basement: Full, Walk-Out Access, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Oil, Individual
Cooling: Window Unit(s), Multi Units
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, House of Worship, Public School, T-Station, Sidewalks
School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

7 schools
St. Mary Elementary School
1.1 mi
Grades PK-08
A
Roosevelt School
0.2 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
Early Childhood Center
0.5 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.7 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
A
Lincoln School
1.2 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Winthrop School
1.3 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.7 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,263
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Melrose Highlands

629 Franklin Street, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent David Conte
Listing Office USA Realty Associates
Office Phone 781-438-1200
Agent MLS ID B0467611
Office MLS ID B42301
Listing Data Updated Jul 7, 2026 3:32 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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