243 Union St Franklin, MA 02038
Downtown Franklin NeighborhoodEstimated payment $4,158/month
Total Views
4,013
4
Beds
3
Baths
2,000
Sq Ft
$325
Price per Sq Ft
Highlights
- Property is near public transit
- Wood Flooring
- Porch
- Helen Keller Elementary School Rated A-
- Skylights
- Living Room
About This Home
Exceptional Investment Opportunity in Prime Franklin Location!Discover this well-maintained, income-generating property minutes from the train station and Dean College!. These spacious apartments boast an open floor plan, a strong rental history, and ample off-street parking—an uncommon find so close to transit.The large basement includes generous storage space and option to add coin-operated laundry facilities, enhancing tenant appeal and boosting rental potential. With efficient town water and sewer services, operating costs remain predictable, supporting consistent positive cash flow.Recent cosmetic updates include vinyl siding and replacement windows—ensure a turnkey experience for both tenants and owners. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent the others, this is a rare chance to enter the Franklin market with confidence.
Listing Agent
Berkshire Hathaway HomeServices Evolution Properties Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,626
Year Built
- Built in 1900
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- Property has 1 Level
- Skylights
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Common or Shared Parking
- Stone Driveway
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- Porch
- 5,600 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Shops
- Net Operating Income $40,800
Listing and Financial Details
- Tax Lot 145
- Assessor Parcel Number 90109
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,626 | $570,200 | $234,000 | $336,200 |
| 2024 | $6,264 | $531,300 | $234,000 | $297,300 |
| 2023 | $6,260 | $497,600 | $255,500 | $242,100 |
| 2022 | $5,287 | $376,300 | $195,000 | $181,300 |
| 2021 | $5,409 | $369,200 | $203,100 | $166,100 |
| 2020 | $5,135 | $353,900 | $204,900 | $149,000 |
| 2019 | $4,643 | $316,700 | $179,700 | $137,000 |
| 2018 | $4,155 | $283,600 | $183,300 | $100,300 |
| 2017 | $4,246 | $291,200 | $179,700 | $111,500 |
| 2016 | $4,096 | $282,500 | $186,800 | $95,700 |
| 2015 | $3,836 | $258,500 | $168,800 | $89,700 |
| 2014 | $3,665 | $253,600 | $163,900 | $89,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $649,900 | +68.8% | $325 / Sq Ft |
| 08/31/2018 08/31/18 | Sold | $385,000 | -3.7% | $193 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 06/18/2018 06/18/18 | For Sale | $399,900 | -- | $200 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $385,000 | -- | |
| Deed | $270,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | $368,000 | -- | |
| Deed | $325,000 | -- | |
| Deed | $146,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $308,000 | New Conventional | |
| Previous Owner | $272,000 | No Value Available | |
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | No Value Available | |
| Previous Owner | $294,400 | Purchase Money Mortgage | |
| Previous Owner | $73,600 | No Value Available | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $37,500 | No Value Available | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $32,500 | No Value Available | |
| Previous Owner | $17,300 | No Value Available | |
| Previous Owner | $142,758 | Purchase Money Mortgage |
Source: Public Records
Similar Home in Franklin, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396651
APN: FRAN-000287-000000-000145
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.
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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