200 Union St Franklin, MA 02038
Downtown Franklin Neighborhood
5
Beds
2
Baths
2,493
Sq Ft
0.27
Acres
Highlights
- Deck
- Property is near public transit
- Porch
- Helen Keller Elementary School Rated A-
- Wood Flooring
- Living Room
About This Home
As of April 2025AMAZING INVESTMENT OPPORTUNITY 2-Family Home for Sale in Franklin! Owner occupied.. Income generating property. Discover this fantastic 5 bedroom, 2 bath Multi-family home, perfect for investors or owner-occupants looking to offset their mortgage with rental income! Nestled in the heart of downtown Franklin, this well-maintained property offers turn-key living with separate utilities, gas heat, town sewer/water, newer roof and 2 newer furnaces/tankless water heater combo, vinyl siding. Each unit boasts spacious layouts, modern appliances, in-unit laundry, ample storage in basement providing comfortable living for tenants or extended family. Enjoy outdoor space with a large fenced-in backyard, porch, deck, patio area, fire pit and convenient off-street parking for both units. Conveniently located close to Dean College, MBTA commuter rail, restaurants, shopping and much more! Don’t miss out on this amazing home and investment!! **OPEN HOUSE SAT & SUN 11AM TO 1PM**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,562
Year Built
- Built in 1900
Lot Details
- 0.27 Acre Lot
- Fenced
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,493 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $2,500
- Assessor Parcel Number M:278 L:008,90122
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 2 Units
- Net Operating Income $30,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2015
Sold by
Kelly Michael and Kelly Arlene
Bought by
Perrin Andrew J and Perrin Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 27, 2012
Closed on
Jan 9, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Kelly Michael and Kelly Arlene
Seller's Agent
Jason Smith
JDS Realty Group
Buyer's Agent
The Kelly and Colombo Group
Real Living Realty Group
List Price
$182,500
Sold Price
$200,000
Premium/Discount to List
$17,500
9.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$225,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2011
Sold by
Lambiase Victor C and Hsbc Bank Usa Na
Bought by
Hsbc Bank Usa Na
Purchase Details
Closed on
Jul 27, 2001
Sold by
Walker Thomas A
Bought by
Lambiase Victor C
Purchase Details
Closed on
Jan 27, 2000
Sold by
Iannuzzi Daniel C and Iannuzzi Lisa B
Bought by
Walker Thomas A
Purchase Details
Closed on
Oct 3, 1994
Sold by
Ge Capital Asset Corp
Bought by
Tanuzzi Daniel and Tanuzzi Lisa
Purchase Details
Closed on
Aug 6, 1993
Sold by
Fitzpatrick Kevin Est and Fed Natl Mtg Assn
Bought by
Federal National Mortgage Association
Similar Homes in Franklin, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $280,000 | -- | |
| Not Resolvable | $200,000 | -- | |
| Foreclosure Deed | $260,910 | -- | |
| Foreclosure Deed | $260,910 | -- | |
| Deed | $190,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $67,400 | -- | |
| Deed | $67,400 | -- | |
| Foreclosure Deed | $102,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $576,000 | Purchase Money Mortgage | |
| Closed | $576,000 | Purchase Money Mortgage | |
| Closed | $554,766 | FHA | |
| Closed | $210,000 | New Conventional | |
| Previous Owner | $232,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $231,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $225,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $720,000 | +3.6% | $289 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $695,000 | +247.5% | $279 / Sq Ft |
| 01/09/2013 01/09/13 | Sold | $200,000 | +9.6% | $79 / Sq Ft |
| 12/10/2012 12/10/12 | Pending | -- | -- | -- |
| 11/27/2012 11/27/12 | For Sale | $182,500 | -- | $72 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,952 | $598,300 | $235,600 | $362,700 |
| 2024 | $6,562 | $556,600 | $235,600 | $321,000 |
| 2023 | $6,562 | $521,600 | $257,200 | $264,400 |
| 2022 | $5,522 | $393,000 | $196,400 | $196,600 |
| 2021 | $5,620 | $383,600 | $204,500 | $179,100 |
| 2020 | $5,318 | $366,500 | $206,300 | $160,200 |
| 2019 | $4,816 | $328,500 | $180,900 | $147,600 |
| 2018 | $4,333 | $295,800 | $184,600 | $111,200 |
| 2017 | $4,435 | $304,200 | $180,900 | $123,300 |
| 2016 | $4,180 | $288,300 | $188,000 | $100,300 |
| 2015 | $3,916 | $263,900 | $169,800 | $94,100 |
| 2014 | $3,743 | $259,000 | $164,900 | $94,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tom DeCarlo
Seller's Agent in 2025
Tom DeCarlo
Real Broker MA, LLC
(781) 858-5124
7 in this area
421 Total Sales
-
Terrance Bustard
Seller Co-Listing Agent in 2025
Terrance Bustard
Real Broker MA, LLC
(781) 350-5873
2 in this area
13 Total Sales
-
Esposito Group
Buyer's Agent in 2025
Esposito Group
eXp Realty
(781) 365-9954
2 in this area
161 Total Sales
-
Jason Smith
Seller's Agent in 2013
Jason Smith
JDS Realty Group
(413) 221-5918
58 Total Sales
-
T
Buyer's Agent in 2013
The Kelly and Colombo Group
Real Living Realty Group
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73341993
APN: FRAN-000278-000000-000008
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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.
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