56-58 Franklin St, Melrose, MA 02176

Multi Family property with 6 bedroom(s), 2 bathroom(s) in Melrose MA.

This well-maintained, unique Philadelphia-style two-family home, with its solid bones and strong structure, offers an excellent opportunity for rental income, multi-generational living, or future expansion. Situated on a prime corner lot near local amenities, it features two incredibly spacious, move-in-ready units: a 4-bedroom/1-bath and a 2-bedroom/1-bath, both updated with modern finishes while retaining classic charm. Each unit is independently metered for utilities, offering convenience and ease of use. The layouts maximize space with large rooms and a seamless flow. The home boasts a durable exterior, updated systems, and abundant natural light. A tiny home in the private yard adds even more potential. The large basement provides ample storage and there’s off-street parking for 6 vehicles. With easy access to shopping, parks, and public transit, this property combines convenience with investment potential. Don’t miss this rare chance for quality living and income generation.