Open House:
Friday, 11/8 12:30-1:30PM
***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.
Do not miss this well maintained three family property! Three units, up/down, each with a living room, dining area, kitchen, one bathroom and two bedrooms (1st and 2nd floor), one bedroom (3rd floor). Current owner has vinyl sided the house, with PVC corner boards and trim boards, new gutters, new three level deck, new hot water tanks and a young roof. The property offers a large backyard with plenty of space, a garden, patio area or porch for each unit, plus plenty of parking for each unit. Spacious basement offers great storage. Great investment that offers a convenient location to town center, schools, local highways and the commuter rail.
The median home value in Franklin, MA is $585,900. This is lower than the county median home value of $658,100. The national median home value is $338,100. The average price of homes sold in Franklin, MA is $585,900. Approximately 77.51% of Franklin homes are owned, compared to 19.39% rented, while 3.1% are vacant. 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!
Franklin 02038 is more family-centric than the surrounding county with 39.88% of the households containing married families with children. The county average for households married with children is 36.79%.