303 Franklin Street

Melrose, MA 02176

$1,150,000
Last Sold Price
7
Beds
4
Baths
2
1/2 Baths
4,378 Sq. Ft.
$263 / Sq. Ft.
4,378
Sq. Ft.
$263
per Sq. Ft.

Description

"The Kimball House, Couturier" Melrose Victorian 3-family! Amazing historical home sited on a large corner lot in the heart of Franklin Square & Melrose Highlands. High ceilings, natural light & striking architectural details frame this modernized, energy efficient beauty! Each unit has a separate entrance, separate utilities & parking. Main house consists of 8 rooms, 2.5 baths, FP, 3 Mitsubishi min split AC units & a 3.5 car heated garage! Townhouse offers 2 bdrms, 1.5 ba, laundry & a FP. Studio..."The Kimball House, Couturier" Melrose Victorian 3-family! Amazing historical home sited on a large corner lot in the heart of Franklin Square & Melrose Highlands. High ceilings, natural light & striking architectural details frame this modernized, energy efficient beauty! Each unit has a separate entrance, separate utilities & parking. Main house consists of 8 rooms, 2.5 baths, FP, 3 Mitsubishi min split AC units & a 3.5 car heated garage! Townhouse offers 2 bdrms, 1.5 ba, laundry & a FP. Studio boasts a cathedral ceiling, Mitsubishi mini split heat/ac system & a large bdrm. This is not your average 3 family, the possibilities are endless…Single family living with amazing income? Possible condo conversion? Extended-family/in-law compound? Nice back yard & abundant parking too! (8 spaces & 3.5 car heated garage) & an unfinished attic offering future expansion. Great location for commuting to Boston, only 7 miles away! Commuter rail, MBTA bus, shopping & restaurants at your doorstep!

Listing Agents

  1. Leeman & Gately

    Leeman & Gately

    Listing Agent

    Compass

    leemangately@compass.com

    P: (781) 307-1243

  2. Lorraine Gately

    Lorraine Gately

    Alternative Listing Agent

    Compass

  3. Jill Leeman

    Jill Leeman

    Alternative Listing Agent

    Compass

Property Details for 303 Franklin Street

Town
Melrose
MLS Area
Melrose Highlands
Area
MA-Melrose-Melrose Highlands, MA-Melrose
Garage Spaces
3
Parking Spaces
8.00
Parking Spaces Total
11

Location

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LISTING UPDATED: 08/06/2022 07:34 AM

Property Details for 303 Franklin Street

StatusSold
MLS #72755340
Days on Market9
Taxes$9,231 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1846
CountyMiddlesex County

Location

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Virtual Tour

Building Information for 303 Franklin Street

Stories4Residences3Year Built1846Building Size-Lot Size0.26 AC / 11,384 SF

Payment Calculator

$7,045 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$769

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 303 Franklin Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 4378.0
  • Color: Gray
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: As Super
  • High School: Melrose High
  • Middle School: Melrose Middle
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator), Unit 3(Range, Disposal), Water Heater(Varies Per Unit), Utility Connections Varies per Unit
  • Basement Features: Full, Sump Pump, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 4
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 6
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Vinyl, Carpet, Hardwood, Unit 1(undefined), Unit 3(Wall to Wall Carpet)
  • Interior Features: Unit 1(Ceiling Fans, Storage, Cedar Closet, Central Vacuum, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Cathedral/Vaulted Ceilings, Studio, Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Mudroom, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room
  • Interior Features: Central Vacuum
  • Laundry Features: Unit 1 Laundry Room
  • Other Equipment: Unit 1 Intercom
Exterior Features
  • Construction: Frame
  • Exterior Features: Storage Shed, Professional Landscaping, Sprinkler System, Decorative Lighting, Unit 1 Balcony/Deck
  • Exterior Features: Storage Shed, Professional Landscaping, Sprinkler System, Decorative Lighting, Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Ductless Mini-Split System), Unit 2(None), Unit 3(Ductless Mini-Split System)
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Hot Water Baseboard, Hot Water Radiators, Gas, Electric), Unit 2(Gas), Unit 3(Electric, Ductless Mini-Split System)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Some Knob & Tube may be present. Rents are below market value. Tenant at will. Studio & main house delivered vacant.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 659091
  • Assessments: $835,400
  • Book: 18078
  • Tax Year: 2020
  • Zoning: res
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 4
  • Heat Units: 3
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $36,000.00
  • Insurance: $3,000.00
  • GRE: $6,600
  • NOI: $36,000.00
  • Operating Expense: $6,600.00
  • WSE: $3,600.00
Complex & Association Information
  • Association Security: Unit 1 Security System
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 303 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 303 Franklin Street

Taxable ValueLand$453,200Additions$642,600Total$1,095,800
Tax Record2024$10,881 ($907 / month)
Home Facts
Baths3Total Finished SqFt4,378 SqFtAbove Grade Finished SqFt4,378 SqFtUnfinished Basement SqFt1,642 SqFtStories3Lot Size11,382 SqFtStyleTriplexYear Built1850ZoningURBCountyMIDDLESEXAPNMELR M:C12 P:0000137Fireplace TypeHas Fireplace

Schools near 303 Franklin Street

This home is within Melrose School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Winthrop Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

Roosevelt Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.