Sold
338 Summer St, Franklin, MA
Franklin · MA 02038
- $2,020,000
- Price
- 12
- Beds
- 11
- Baths
- 6248
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1860
Units:
11 Units
Lot size:
1 Acre Lot
Price per square foot:
$320 / Sq.Ft
Parking:
20 Off Street Spaces
About this home
338 Summer Street consists of a three-story building, containing eleven (11) residential units comprised of two (2), 2-Bedroom/1 Bathroom units, seven (7), 1-Bedroom/1-Bathroom units, and two (2), Studio units with 6,248 square feet of living area in 10,722 total gross square feet. The Property is situated on a 1.00-acre parcel of land and features twenty (20) on-site parking spaces. The well-maintained property features upgrades to the common areas, including new carpet, paint, lighting and coin-operated washer and dryer machines. Additionally, seven (7) of the units have been renovated, including new kitchens, bathrooms, flooring, and paint. Current rents are below market rates and offer the opportunity to increase rents to market rates via lease renewals and programmatic updates to the unrenovated units. 338 Summer Street offers the opportunity to acquire a transit-oriented, well-maintained asset, that is poised for income growth.
Neighborhood & Transit
338 Summer St, Franklin · MA 02038
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 472 days
- Listing Price:
- $2,000,000
- Price per Sq.Ft:
- $320
- Tax Assessment:
- $1,250,900 in 2025
- Taxes:
- $1,211 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 11
- Half Bathrooms
- 0
- Living Area
- 6,248 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 6248
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 43,560 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 20 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
- Jason Kulik
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73405071