721 Franklin Street

This property is no longer actively marketed. The last publicly available listing details are shown below; contact us for current availability.

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.

Listing last checked: October 13, 2026 at 3:23 PM EDTListing updated: October 8, 2026 at 3:59 PM EDT

Listed by Paul C. Coogan · Brad Hutchinson Real Estate · MLS #73532589

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Details at a glance

Interior6 property facts

Rooms: 15
Heating: Hot Water, Natural Gas
Cooling: Window Unit(s)
Flooring: Wood, Flooring - Hardwood, Flooring - Wood, Flooring - Vinyl
Basement: Yes · Full, Bulkhead
Fireplaces: 5

Building6 property facts

Style: Single Family Residence
Year built: 1920
Garage: 2
Parking: 6
Foundation: Stone
Roof: Shingle

Land & utilities5 property facts

Lot size: 0.51 acres
Water: Public
Sewer: Public Sewer
Pool: Not reported
Zoning: res

Financial2 property facts

Annual taxes: $12,219
Assessment year: 2026

Location

More property insights

Automated value estimate $1,261,722

Estimated range $1,195,434–$1,328,011.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 721 Franklin Street

Is this home available for a showing?

This home is no longer actively marketed. Ask our team about its current status or similar homes.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.

Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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