Sold!
$750,000
2,310
Living Area
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Property Description
Excellent Investment opportunity in Downtown Franklin for this mixed use Office/Residential building. Property generates a positive cash flow, is very well maintained and has a new one bedroom apartment, that is owner/occupied, on the 3rd level. Three year leases in place for tenants. Lease Back sale. Steel staircase on the back of the building for fire code and access to the apartment. Large open parking lot affords plenty of parking onsite. Gas steam boiler and laundry equipment in basement. Mini-splits used for heat and A/C on 2nd and 3rd levels. Easy access to MBTA Boston, restaurants, post office, Library and shops in downtown. Call for daily showings with notice. All showings will be after hours or on weekends as this property is owner occupied.
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Highlights
- Parking Spots: 12
- Year Built: 1880
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Legal Conforming
- Zoning: C1
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Taxes: $5,745
- Tax Year: 2023
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