243 Union Street, Franklin MA 02038

Franklin, MA 02038
$649,900
Est. $3,459/month
4
Beds
3
Baths
2,000
Sq Ft
$325
Price/Sq Ft
0.13
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
23
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73396651

About this home

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.

Sale Statistics

Sale Overview
Original List Price: $649,900
Final Sale Price: $649,900
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $325
Sale $/sq ft: $325
This property sold for $325 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,000 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Vinyl, Carpet, Hardwood
Heating
Natural Gas, Electric
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen
Basement Details
Full
Window Features
Skylight(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Foundation Area
0 sq ft
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,600 sq ft
Lot Size Area
0.1300
Lot Features
Other
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street, Common, Stone/Gravel

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,626
Tax Year
2024
Tax Assessed Value
$570,200
Tax Lot
145
Tax Map Number
287
Parcel Number
90109
Zoning
r

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Town lists home as a 2 family. 3rd floor is finished with bathroom, den/bedroom. Square footage is approximate and should be verified by buyer/buyer agent. Washer and Dryer in basement owned by tenants.
Exclusions
Washer And Dryer In Basement And All Tenant Personal Belonging!

Location

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Neighborhood

243 Union Street, 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 $552
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 19, 2025
Property sold
🏠
Listed for Sale
Jun 25, 2025
$649,900
Original listing
Office: Berkshire Hathaway HomeServices Evolution Properties

Price & Status History

Date Event Price Change
Jun 25, 2025 New Listing Added $649,900

Market Statistics

Days on Market
23 days
Price per Sq Ft
$325

Tax History

Year Taxes Assessment
2024 $6,626 $570,200

Financial Details

Annual Property Tax
$6,626
Tax Year 2024
Assessed Value
$570,200

Listing Information

Listing Agent Elizabeth G. Schultz
Listing Office Berkshire Hathaway HomeServices Evolution Properties
Agent MLS ID BB954159
Office MLS ID AN5657

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