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
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $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
Deed 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
Similar Home in Franklin, MA
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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