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$1,087,500
10
Beds
5
Baths
3,844
Living Area
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Property Description
Rare opportunity to own a well-maintained 5-unit building in prime Franklin location. This building contains two 1-bedroom units, two 2-bedroom units and one 4-bedroom unit. All units have separate heat, hot water and electric. Off-street parking for 6 cars. Coin operated laundry in basement. Roof was replaced in 2022. Other systems are in good condition. 4/5 units are currently rented with a gross monthly rent of $7650. Projected rent for vacant 4 bedroom unit is $3800. Units have been well-kept. Two units have lead compliance certificates. Ideal commuter location for tenants only .4 mi to Franklin commuter rail stop and close to Rt. 495; .2 mi to Shaw's grocery store and directly across the street from Walgreen's. This will make a great addition to any portfolio with minimum maintenance required.
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Highlights
- Cooling: Window Unit(s)
- Levels: 8
- Property Class: Residential Income
- Stories: 8
- Year Built: 1850
- Heating: Baseboard, Natural Gas
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 21
- Status: Closed
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Additional Details
- Basement: Full, Interior Entry, Unfinished
- Flooring: Vinyl, Carpet
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: N/a
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $666,700
- Tax Year: 2025
- Total Rent: $7,650
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,747
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Listing information provided courtesy of Commonwealth Standard Realty Advisors.
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