Seller's Agent in 2025
Amber Cadorette
Keller Williams Elite
(508) 498-1188
11 in this area
113 Total Sales
249 Union St Franklin, MA 02038
Downtown Franklin Neighborhood
5
Beds
2
Baths
1,507
Sq Ft
5,898
Sq Ft Lot
Highlights
- Property is near public transit and schools
- Corner Lot
- Home Office
- Helen Keller Elementary School Rated A-
- Mud Room
- Jogging Path
About This Home
As of April 2025***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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,010
Year Built
- Built in 1900
Lot Details
- 5,898 Sq Ft Lot
- Corner Lot
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,507 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Mud Room
- Living Room
- Home Office
- Range
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Parking Spaces
- Unpaved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Schools
- Keller Elementary School
- Sullivan Middle School
- Fhs/Tricounty High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $850
- Rent includes unit 2(water)
- Assessor Parcel Number 90108
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Shops
- Net Operating Income $10,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Apr 3, 2025
Sold by
Vary David W
Bought by
Zhang Min and Ji Zhisong
Seller's Agent
Amber Cadorette
Keller Williams Elite
Buyer's Agent
Amber Cadorette
Keller Williams Elite
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,645
Avg. Annual Appreciation
1.58%
Purchase Details
Closed on
Feb 4, 2009
Sold by
Vary David W and Vary Michelle D
Bought by
Vary David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,176
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 3, 2006
Sold by
Vary David W and Vary Michelle D
Bought by
Vary David W and Vary Michelle D
Purchase Details
Closed on
Dec 28, 2001
Sold by
Matheson Peter S and Matheson Anna L
Bought by
Vary David W
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 |
|---|---|---|---|
| Quit Claim Deed | $540,000 | None Available | |
| Quit Claim Deed | $540,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $199,000 | -- | |
| Deed | $199,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $230,573 | FHA | |
| Previous Owner | $231,176 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $540,000 | -1.8% | $358 / Sq Ft |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $549,900 | -- | $365 / 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 | $5,227 | $449,800 | $234,200 | $215,600 |
| 2024 | $5,010 | $424,900 | $234,200 | $190,700 |
| 2023 | $5,170 | $411,000 | $255,700 | $155,300 |
| 2022 | $4,377 | $311,500 | $195,200 | $116,300 |
| 2021 | $4,539 | $309,800 | $203,200 | $106,600 |
| 2020 | $4,362 | $300,600 | $205,000 | $95,600 |
| 2019 | $3,926 | $267,800 | $179,800 | $88,000 |
| 2018 | $3,663 | $250,000 | $183,400 | $66,600 |
| 2017 | $3,700 | $253,800 | $179,800 | $74,000 |
| 2016 | $3,648 | $251,600 | $186,900 | $64,700 |
| 2015 | $3,406 | $229,500 | $168,900 | $60,600 |
| 2014 | $3,245 | $224,600 | $164,000 | $60,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amber Cadorette
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73315054
APN: FRAN-000287-000000-000144
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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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