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Lantern Residential

info@lanternresidential.com +1(617) 207-1974

$ 549,900

Est. payment -/mo

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Open Sat 11AM-12:30PM

249 Union St Franklin, MA 02038

5 Beds

2 Baths

1,507 SqFt

OPEN HOUSE

Sat Nov 02, 11:00am - 12:30pm

UPDATED:

10/30/2024 07:30 AM

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 1,507 sqft

Price per Sqft $364

MLS Listing ID 73307192

Bedrooms 5

Full Baths 2

Year Built 1900

Annual Tax Amount $5,010

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Description

***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.

Location

State MA

County Norfolk

Zoning RES

Direction King St to Union or 140 to Union

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room, Mudroom, Office/Den

Heating Baseboard, Natural Gas

Cooling None

Appliance Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University

Waterfront false

Roof Type Shingle

Parking Type Off Street, Unpaved

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot, Cleared, Level

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Keller

Middle Schools Sullivan

High Schools Fhs/Tricounty

Others

Senior Community false

Listed by Keller Williams Elite

Lantern Residential

Brokerage | License ID: 423866

+1(617) 207-1974

Lantern Residential

249 Union St Franklin, MA 02038

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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249 Union St