249 Union St, Franklin MA 02038
About this home
***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.
Property Overview
Sale Statistics
This property sold for 1.8% below the original asking price.
Facts & Features
Home Facts
Interior
Exterior
Parking
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Financial
Location
Neighborhood
249 Union St, Franklin MA 02038
Franklin, MA 02038
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Apr 15, 2025Listed for Sale
Nov 22, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/15/2025 | ✓ Sold | $540,000 | - | - | Property sold |
| 11/22/2024 | 🏠 Listed for Sale | $549,900 | - | - | Original listing |