$1,200,000

153 E Central St Franklin, MA 02038

Downtown Franklin Neighborhood

Estimated payment $7,226/month

Total Views 9,655
11 Beds
5 Baths
3,844 Sq Ft
$312 Price per Sq Ft

Highlights

  • Golf Course Community
  • Property is near public transit
  • Living Room
  • Helen Keller Elementary School Rated A-
  • Loft
  • Shops

About This Home

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 153-159 E Central Street in Franklin, Massachusetts.The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1Bathroom units, two (2), 2-Bedroom/1-Bathroom units, and one (1),5-Bedroom/1-Bathroom unit with 3,844 square feet of living area in 11,400 total gross square feet. The Property is situated on a 0.156-acre parcel of land and features six (6) on-site parking spaces. There are currently three vacant units. A great opportunity for an investor to place market rate tenants in an emerging market.SELLER FINANCING AVAILABLE

Listing Agent

Spencer Smith

Horvath & Tremblay Listed on: 05/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,183

Year Built

  • Built in 1850

Lot Details

  • 0.26 Acre Lot
  • Property fronts an easement

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,844 Sq Ft Home
  • Living Room
  • Dining Room
  • Loft

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Amenities

  • Shops

Recreation

  • Golf Course Community

Building Details

  • Electric Expense $275
  • Insurance Expense $4,100
  • Water Sewer Expense $4,900
  • Operating Expense $24,008
  • Net Operating Income $102,286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,183

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1850
  • Levels: 9
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 9

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Loft
  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Above Grade Finished Sq Ft: 3844
  • Living Area: 3844
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 312.17
  • PRICE PER Sq Ft: 312.17

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Highway Access, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4900

Lot Info

  • Zoning: NA
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11400
  • Lot Size Units: Acres
  • PAGE: NA

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7183
  • Tax Book Number: NA

Multi Family

  • Electric Expense: 275
  • Gross Income: 126294
  • Insurance Expense: 4100
  • Net Operating Income: 102286
  • Number Of Units Total: 5
  • Operating Expense: 24008
  • Total Actual Rent: 10850
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $1,200,000 -- $312 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73378168

MLS Property Information Network (MLS PIN)

Massachusetts Norfolk County Franklin 02038 Downtown Franklin

153 E Central St, Franklin, MA

This home is located at 153 E Central St, Franklin, MA 02038 and is currently priced at $1,200,000, approximately $312 per square foot. This property was built in 1850. 153 E Central St is a home located in Norfolk County with nearby schools including Helen Keller Elementary School, Annie Sullivan Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Listing Agent
Spencer Smith
Section Image
Horvath & Tremblay
(508) 501-5521