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243 Union Street

Franklin, MA 02038
$649,900
4 Beds
3 Baths
2,000 Living Area
  • Property Description
    Exceptional Investment Opportunity in Prime Franklin Location!Discover this well-maintained, income-generating property minutes from the train station and Dean College!. These spacious apartments boast an open floor plan, a strong rental history, and ample off-street parking—an uncommon find so close to transit.The large basement includes generous storage space and option to add coin-operated laundry facilities, enhancing tenant appeal and boosting rental potential. With efficient town water and sewer services, operating costs remain predictable, supporting consistent positive cash flow.Recent cosmetic updates include vinyl siding and replacement windows—ensure a turnkey experience for both tenants and owners. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent the others, this is a rare chance to enter the Franklin market with confidence.
  • Highlights
    • Heating: Natural Gas, Electric
    • Parking Spots: 8
    • Property Type: 2 Family - 2 Units Up/Down
    • Total Rooms: 12
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Flooring: Vinyl, Carpet, Hardwood
    • Interior Features: Living Room, Dining Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: r
    • Basement: Full
    • Exclusions: Washer And Dryer In Basement And All Tenant Personal Belonging!
    • Foundation: Concrete Perimeter, Stone
    • Lot Features: Other
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
    • Parking Features: Off Street, Common, Stone/Gravel
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $570,200
    • Taxes: $6,626
    • Tax Year: 2024
    • Total Rent: $3,400

Location

243 Union Street, Franklin, MA 02038

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Escalate Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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