200 Union St, Franklin MA 02038

Franklin, MA 02038
$720,000
Est. $3,832/month
5
Beds
2
Baths
2,493
Sq Ft
$289
Price/Sq Ft
0.27
Acres
1900
Year Built
Multi Family
Type
3
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73341993 Copied!

About this home

AMAZING INVESTMENT OPPORTUNITY 2-Family Home for Sale in Franklin! Owner occupied.. Income generating property. Discover this fantastic 5 bedroom, 2 bath Multi-family home, perfect for investors or owner-occupants looking to offset their mortgage with rental income! Nestled in the heart of downtown Franklin, this well-maintained property offers turn-key living with separate utilities, gas heat, town sewer/water, newer roof and 2 newer furnaces/tankless water heater combo, vinyl siding. Each unit boasts spacious layouts, modern appliances, in-unit laundry, ample storage in basement providing comfortable living for tenants or extended family. Enjoy outdoor space with a large fenced-in backyard, porch, deck, patio area, fire pit and convenient off-street parking for both units. Conveniently located close to Dean College, MBTA commuter rail, restaurants, shopping and much more! Don’t miss out on this amazing home and investment!! **OPEN HOUSE SAT & SUN 11AM TO 1PM**

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,493 sq ft
Total Rooms
12
Stories
2
Levels
2

Sale Statistics

Sale Overview
Original List Price: $695,000
Final Sale Price: $720,000
Difference: +$25,000 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $279
Sale $/sq ft: $289
This property sold for $289 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,493 sq ft
Lot Size 0.27 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Interior

Heating Natural Gas
Cooling None
Flooring Carpet, Laminate, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen, Laundry Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck

Parking

Features Paved Drive, Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $6,562
Assessed Value $556,600

Location

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Neighborhood

200 Union St, Franklin MA 02038

Franklin, MA 02038

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $547
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.5%
Price Range
6
Total Days on Market

Property Timeline

Sold
Apr 18, 2025
$720,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Mar 6, 2025
$695,000
Original listing
Agent: The Liberty Group Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Mar 6, 2025 New Listing Added $695,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$289

Tax History

Year Taxes Assessment
2024 $6,562 $556,600

Financial Details

Annual Property Tax
$6,562
Tax Year 2024
Assessed Value
$556,600

Listing Information

Listing Agent The Liberty Group
Listing Office Real Broker MA, LLC
Agent MLS ID TM316896
Office MLS ID AN4866

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