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Karl Marx Street is the main street of the historical center of Kalyazin. It starts near the bridge over the Paga River and stretches to the bank of the Volga River. Once it stretched till the Kalyazin Bell Tower, but now it ends 200 meters from it. 

Previously, Karl Marx Street was called Moskovskaya, since this road led from the Volga towards Moscow. On most of Karl Marx Street, you can now see only Soviet-era buildings that are of little interest to tourists. However, the last 150 meters near the river are being restored as a historical center. 

The houses of the historical center of Kalyazin were flooded in 1940 after the construction of the Uglich HPS. The Monastyrsky Sloboda village and the ancient Makariev Trinity Monastery went completely under water. The right bank of Kalyazin was flooded for 200 meters. Only the Kalyazin Bell tower, which became the symbol of Kalyazin, has been preserved.  

The pedestrian part of Karl Marx Street in Kalyazin begins near the monument to Saint Makariy of Kalyazin. He died in 1483 and was buried in the Makarievsky Kalyazin monastery founded by him. In 1547, the Russian Orthodox Church beatified him. In 1940, when the Makaryevsky Monastery fell into a flood zone, its relics were transferred to the Cathedral of the White Trinity in Tver.

The pedestrian part of Karl Marx Street is paved with stones in the old style. Several merchant houses built in the 18th century have been preserved here. Some of them were reconstructed in the 19th century. On the left side stands out the House of merchants Semenov. On the right side there are three interesting houses: the house of merchant Pavel Krasilnikov, the house of his brother merchant Grigory Krasilnikov and the House of merchant Ovchinnikov. These houses were originally built in the 1780s, but later reconstructed.