Looking for a solid investment or a place to call home with extra income potential? Check out this fantastic turnkey two-family property, perfectly located just a short walk to downtown Franklin and the commuter rail! This well-maintained gem is ready for its new owner to step in and enjoy! Both units are bright and spacious, each offering 2 bedrooms, updated baths, fresh paint, and beautiful hardwood floors. The first-floor unit has convenient access to the laundry and storage in the basement, as well as exterior access to a fenced yard—perfect for outdoor relaxation. The second-floor unit features in-unit laundry, a dishwasher, and a private deck where you can unwind after a long day. Key updates include vinyl siding, a bluestone walkway, updated electrical, and two newer furnaces. One unit is currently rented (tenants-at-will), making this property a great opportunity for investors or owner-occupants. Conveniently close to the commuter rail, shops and restaurants, and major highways
***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.
The median home value in Franklin, MA is $613,000. The national median home value is $338,100. The average price of homes sold in Franklin, MA is $613,000. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!