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186 School St, Franklin, MA

Franklin · MA 02038

$600,000
Price
4
Beds
2
Baths
2081
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 0.38 Acre Lot
Price per square foot: $288 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Prime 2-Family Investment ? Updated, Income-Ready, and Walk-to-Everything. A rare opportunity for investors: this well-maintained 2-family home combines generous living spaces, desirable amenities, and recent updates for strong rental appeal and minimal upkeep. Both apartments feature spacious 2-bedroom layouts with walk-in closets and updated baths, making them easy to rent and retain quality tenants. The first-floor unit offers added value with a white eat-in kitchen, in-unit laundry, and a flexible bonus room/office. Each unit includes a spacious sun deck, while tenants also enjoy access to a private yard and off-street parking?all highly attractive features in today?s rental market. Major improvements are already done: updated electric services, recent gas boilers, and a new roof (2017). An unfinished walk-out basement provides convenient storage & easy utility access. The unbeatable walk-to-town, parks, & commuter rail location. Offer Accepted on Sat. OPEN HOUSE CANCELLED.

Neighborhood & Transit

186 School St, Franklin · MA 02038

Nearby transit

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

  • Franklin Commuter Rail 1 route 0.41 mi
    • Franklin/Foxboro Line

Price Insight

Days on Market:
302 days
Listing Price:
$599,900
Price per Sq.Ft:
$288
Tax Assessment:
$553,200 in 2025
Taxes:
$553 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,081 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2081
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
16,601 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
Team Gratitude
Listing office
Berkshire Hathaway HomeServices Page Realty
MLS PIN #
73428609
Disclosure
Owners are licensed real estate brokers. Owners intend to do an IRS Section 1031 tax deferred property exchange with a late October closing. Please see attachment for details.