Active
64 Days on market
629 Franklin Street Melrose — Photo 1 of 42

629 Franklin Street Melrose — Photo 1 of 42

Recent Drop: $54,000

$1,349,000
$1,295,000

$1,295,000

629 Franklin Street, Melrose, MA 02176

Melrose, MA 02176 — Melrose Highlands

Beds

6

Baths

3

SqFt

3,564

Style

2 Family - 2 Units Up/Down

Built

1920

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 Commuter Rail Train, MBTA Bus (Route 131), 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. Visit OPEN HOUSE or schedule private showing.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$363/sqft
Local Avg (Melrose)$446/sqft
19% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Melrose, MA.

Property Details

Financials

Original Price$1,349,000
Annual Taxes$15,150.72

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms13
Fireplaces1
FlooringTile, Hardwood, Parquet, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Concrete

Climate & Utilities

HeatingSteam, Oil, Individual
CoolingWindow Unit(s), Multi Units
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningURA

Property & Lot

Acres0.49
SqFt Lot21,135
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Oven • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • House of Worship

Geography

Property History

Price Drop
$1,295,000

Was $1,325,000

Sep 3, 2026

MLS® 73543191

Price Drop
$1,325,000

Was $1,349,000

Aug 14, 2026

MLS® 73543191

Listed
$1,349,000

Jul 7, 2026

MLS® 73543191

Population

29,650

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

32.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: David Conte

Listing Office: USA Realty Associates

MLS® Number: 73543191

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