721 Franklin Street

Taxes: $12,218.9 (2026)

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 details

Sewer

Private

Style

Single Wide

Water

City/Town Water

Cooling

Window AC

Heating

Central Heat, Hot Air Gravity

Type

Detached

Flooring

Wood

Road type

Public

Master Bath

No

Construction

Aluminum

Roof

Aluminum

Garage

Detached, Storage, Work Area, Side Entry, Carriage Shed

Lot

Corner, Paved Drive

Parking

1-10 Spaces

Basement

Full, Bulkhead

Electric

Circuit Breakers, 100 Amps

Exterior

Porch, Balcony, Barn/Stable