$540,000
$549,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,507 SqFt
SOLD DATE : 04/15/2025
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,507 sqft
Price per Sqft $358
MLS Listing ID 73315054
Sold Date 04/15/25
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $5,010
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 2 Family - 2 Units Side by Side
Property Description
***Owner Occupied and Prime Investment Opportunity in Franklin*** This two-unit property offers significant income potential and is ideally located for commuters. The first unit is a 1-bedroom, 1-bathroom rental currently generating $850/month. Section 8 approved, this unit has the potential to be adjusted to the current market rate of $1,600/month. It also includes a private washer/dryer in the basement, adding convenience for tenants. The second unit is a spacious 4-bedroom, 1-bathroom layout, complete with a first-floor laundry room. Walk down basement access for mechanicals, ensuring easy maintenance access. Please note - the 1st unit could be converted back to the original 2 bedroom making the 2nd unit a 3 bedroom if wanted/needed. Situated near Dean College, the commuter rail, playgrounds, dog parks, and major routes, this property is ideal for renters seeking a well-connected location with nearby amenities. Don't miss out on this lucrative investment in a highly desirable area.
Location
State MA
County Norfolk
Zoning RES
Direction King St to Union or 140 to Union
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room, Mudroom, Office/Den
Heating Baseboard, Natural Gas
Cooling None
Appliance Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot, Cleared, Level
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Keller
Middle Schools Sullivan
High Schools Fhs/Tricounty
Others
Senior Community false
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Bought with Amber Cadorette • Keller Williams Elite
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "