Sold!
$540,000
5
Beds
2
Baths
1,507
Living Area
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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.
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Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 11
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot, Cleared, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access
- Exclusions: Refrigerator In 247 (Belongs To Tenant)
- Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room, Mudroom, Office/Den
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Res
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Off Street, Unpaved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $424,900
- Tax Year: 2024
- Total Rent: $850
- Rental Fee Includes: Unit 2(Water)
- Taxes: $5,010
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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 Keller Williams Elite.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
