Seller's Agent in 2025
Jason Kulik
Horvath & Tremblay
(781) 776-4000
19 Total Sales
338 Summer St Franklin, MA 02038
12
Beds
11
Baths
6,248
Sq Ft
1
Acres
Highlights
- Golf Course Community
- Medical Services
- Corner Lot
- Gerald M. Parmenter Elementary School Rated A-
- Property is near public transit and schools
- Jogging Path
About This Home
As of October 2025338 Summer Street consists of a three-story building, containing eleven (11) residential units comprised of two (2), 2-Bedroom/1 Bathroom units, seven (7), 1-Bedroom/1-Bathroom units, and two (2), Studio units with 6,248 square feet of living area in 10,722 total gross square feet. The Property is situated on a 1.00-acre parcel of land and features twenty (20) on-site parking spaces. The well-maintained property features upgrades to the common areas, including new carpet, paint, lighting and coin-operated washer and dryer machines. Additionally, seven (7) of the units have been renovated, including new kitchens, bathrooms, flooring, and paint. Current rents are below market rates and offer the opportunity to increase rents to market rates via lease renewals and programmatic updates to the unrenovated units. 338 Summer Street offers the opportunity to acquire a transit-oriented, well-maintained asset, that is poised for income growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,535
Year Built
- Built in 1860
Lot Details
- 1 Acre Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 6,248 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 12 Bedrooms
- 11 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 20 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Property is near public transit and schools
- Private Water Source
Listing and Financial Details
- Total Actual Rent $16,490
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 89026
Community Details
Overview
- 11 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $52,211
- Net Operating Income $147,413
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2025 10/08/25 | Sold | $2,020,000 | +1.0% | $323 / Sq Ft | |
| 08/06/2025 08/06/25 | Pending | -- | -- | -- | |
| 07/16/2025 07/16/25 | For Sale | $2,000,000 | +57.5% | $320 / Sq Ft | |
| 10/14/2022 10/14/22 | Sold | $1,270,000 | +15.5% | $201 / Sq Ft | View Prior Sale |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- | |
| 07/27/2022 07/27/22 | For Sale | $1,100,000 | 0.0% | $174 / Sq Ft | |
| 10/17/2015 10/17/15 | Rented | $825 | 0.0% | -- | |
| 10/05/2015 10/05/15 | Under Contract | -- | -- | -- | |
| 09/09/2015 09/09/15 | For Rent | $825 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jason Kulik
-
Sam Peck
Seller Co-Listing Agent in 2025
Sam Peck
Horvath & Tremblay
(617) 910-1231
12 Total Sales
-
Adam Cutter
A
Buyer's Agent in 2025
Adam Cutter
Massachusetts Bay Realty Advisors, LLC
(617) 872-4342
21 Total Sales
-
Nick Burnes
Seller's Agent in 2022
Nick Burnes
Red Tree Real Estate
(617) 487-8015
6 Total Sales
-
Mary Liu
M
Buyer's Agent in 2022
Mary Liu
Real Broker MA, LLC
(617) 849-3747
26 Total Sales
-
Peter Costa
P
Seller's Agent in 2015
Peter Costa
Spencer Home Realty
(617) 290-2795
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73405071
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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