249 Union St Pending

Franklin,MA 02038

$ 549900

5 Beds

2 Baths

1507 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Side by Side

Listing Status Pending

Purchase Type For Sale

Square Footage 1,507 sqft

Price per Sqft $364

MLS Listing ID 73315054

Bedrooms 5

Full Baths 2

Year Built 1900

Annual Tax Amount $5,010

Tax Year 2024

Lot Size 6,098 Sqft

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.

Location

State MA

County Norfolk

Zoning RES

Interior

Heating Baseboard,Natural Gas

Cooling None

Laundry Washer Hookup,Dryer Hookup

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Highway Access,House of Worship,Public School,T-Station,University

Waterfront false

Roof Type Shingle

Building

Lot Description Corner Lot,Cleared,Level

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Keller

Middle Schools Sullivan

High Schools Fhs/Tricounty

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