Sold

249 Union St, Franklin, MA

Franklin · MA 02038

$540,000
Price
5
Beds
2
Baths
1507
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 5,898 Sq.Ft Lot
Price per square foot: $365 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

***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.

Neighborhood & Transit

249 Union St, Franklin · MA 02038

Nearby transit

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

  • Franklin Commuter Rail 1 route 0.42 mi
    • Franklin/Foxboro Line

Price Insight

Days on Market:
711 days
Listing Price:
$549,900
Price per Sq.Ft:
$365
Tax Assessment:
$424,900 in 2024
Taxes:
$418 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,507 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1507
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

Exterior Features

Lot Size
5,898 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 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
Amber Cadorette
Listing office
Keller Williams Elite
MLS PIN #
73315054
Disclosure
Tenant in 247 would like to remain. Fridge in 247 belongs to tenant. Subject to sellers finding suitable housing. Actively looking.