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159 E Central St, Franklin, MA

Franklin · MA 02038

$1,087,500
Price
10
Beds
5
Baths
3844
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1850
Units: 5 Units
Lot size: 6,815 Sq.Ft Lot
Price per square foot: $299 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Rare opportunity to own a well-maintained 5-unit building in prime Franklin location. This building contains two 1-bedroom units, two 2-bedroom units and one 4-bedroom unit. All units have separate heat, hot water and electric. Off-street parking for 6 cars. Coin operated laundry in basement. Roof was replaced in 2022. Other systems are in good condition. 4/5 units are currently rented with a gross monthly rent of $7650. Projected rent for vacant 4 bedroom unit is $3800. Units have been well-kept. Two units have lead compliance certificates. Ideal commuter location for tenants only .4 mi to Franklin commuter rail stop and close to Rt. 495; .2 mi to Shaw's grocery store and directly across the street from Walgreen's. This will make a great addition to any portfolio with minimum maintenance required.

Neighborhood & Transit

159 E Central St, Franklin · MA 02038

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Franklin Commuter Rail 1 route 0.33 mi
    • Franklin/Foxboro Line

Price Insight

Days on Market:
301 days
Listing Price:
$1,150,000
Price per Sq.Ft:
$299
Tax Assessment:
$666,700 in 2025
Taxes:
$646 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,844 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3844
Flooring
Unknown
Lead paint
Certified Treated, Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
6,815 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Elizabeth Bain
Listing office
Commonwealth Standard Realty Advisors
MLS PIN #
73438457
Disclosure
Lead compliance certificates available for 2 units. Water expense listed includes sewer as well. Floor plans for marketing purposes only, some rooms may be mislabeled. No floor plan for one of the two bedroom units.