Active
721 Franklin Street
Melrose, MA 02176
Residential · Active · MLS #73532589
Listing Courtesy of Brad Hutchinson Real Estate | Paul C. Coogan
MLS PIN data
About this home
We are delighted to offer a unique opportunity in the Melrose Highlands. One of Melrose's finest grand turn of the century homes is now available for the home owner to lovingly restore or the house flipper to flip or a developer to search possibilities. It needs extensive work outside but it is in reasonably good condition inside with most of the original fine features still intact. We have a 4000 square foot single family 8 bedroom home plus a 20 x 20 carriage house with a cement floor that can be used as a two car garage that has a second floor with separate entrance that has possibilities to be an ADU. This home was built as a single but functioned as a two family at one time but now is back to a single.
Property information
Details at a glance
Interior
- Rooms
- 15
- Heating
- Hot Water, Natural Gas
- Cooling
- Window Unit(s)
- Flooring
- Wood, Flooring - Hardwood, Flooring - Wood, Flooring - Vinyl
- Fireplaces
- 5
Building
- Style
- Single Family Residence
- Year built
- 1920
- Garage
- 2
- Parking
- 6
- Foundation
- Stone
- Roof
- Shingle
Land & utilities
- Lot size
- 0.51 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- res
Financial
- Annual taxes
- $12,219
- Assessment year
- 2026
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
An informed starting point
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Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Melrose
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
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Common questions
About 721 Franklin Street
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