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44 Winter St, Franklin MA 02038

Franklin, MA 02038
$899,000
$872,900
Est. $5,245/month
6
Beds
3
Baths
2,337
Sq Ft
$374
Price/Sq Ft
0.22
Acres
1900
Year Built
6
Parking
37
Days on Market
Active Price Drop -$26,100 Listed Jun 3, 2026 • MLS# 73525735 Copied! • Updated Jul 1, 2026

About this home

A rare investment opportunity in desirable Franklin! This well-maintained 3-family offers flexibility for investors and owner-occupants alike. Live in one unit while generating income from the others, or maximize cash flow by leasing all three units. The first and second floor units each feature 3 bedrooms and 1 full bath, while the third floor offers a studio-style layout. Unit 1 is vacant and ready for immediate occupancy; Unit 2 is leased at $2,000/month; Unit 3 is leased at $900/month (TAW). Additional highlights include hardwood floors, off-street parking, low-maintenance vinyl siding, newer roof, and updated mechanicals including oil tanks, boiler, and hot water heater. A turn-key opportunity with strong income potential.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.9%
Price Range

Property Timeline

Price Reduced
Jun 18, 2026
$872,900 $26,100 (-2.9%)
From $899,000 to $872,900 (-2.9%)
🏠
Listed for Sale
Jun 3, 2026
$899,000
Original listing
Agent: Danielle McCarthy Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2025 $7,569 $651,400

Financial Details

Annual Property Tax
$7,569
Tax Year 2025
Assessed Value
$651,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 2,337 sq ft
Lot Size 0.22 acres
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $2,000/mo · Y
Unit 3 Rent $900/mo · Y
Total Monthly Rent $2,900/mo
Gross Income $34,800
Net Operating Income $34,800
Cap Rate 3.99%
Heating Baseboard, Oil, Electric
Cooling None, Wall Unit(s)
Flooring Wood, Laminate
Appliances Range, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features Living Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Shared Driveway, Off Street, Assigned
Total Spaces 6
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,569
Assessed Value $651,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyers To Perform All Due Diligence; There Is No Common Electrical; Units 1 And 2 Have Leased Propane Tanks For Gas Ranges.
Exclusions Personal Property Including Tenants Washer And Dryer
Possession None
Accepted Financing Contract
Structure Type []
House Color beige
Sq Ft Source Public Record
Documents None
County Norfolk
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,337 sq ft
Total Rooms
12
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Laminate
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen, Office/Den
Windows:
Basement: Full, Unfinished
Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Electric
Cooling: None, Wall Unit(s)
Hot Water: Oil, Electric, Varies Per Unit, Other (See Remarks)
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Shared Driveway, Off Street, Assigned

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $631
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

44 Winter St, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent Danielle McCarthy
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 508-528-7777
Agent MLS ID CN221980
Office MLS ID AN4875
Listing Data Updated Jul 1, 2026 7:36 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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