Beth Rossi
Coldwell Banker Realty
(774) 551-1853
47 Total Sales
3 in Downtown Franklin
$600K - $700K Price Range
374-378 Union St Franklin, MA 02038
Downtown Franklin Neighborhood
8
Beds
4
Baths
6,276
Sq Ft
10,018
Sq Ft Lot
Highlights
- Medical Services
- Tennis Courts
- Park
- Property is near golf course, public transit, and schools
- Jogging Path
- Shops
About This Home
As of April 2026374-378 Union Street is a three-story mixed-use building that contains six (6) units comprised of four (4), 2-Bedroom/1-Bathroom units and two (2), Commercial units. The Property is situated on a 0.23-acre parcel of land and features ten (10) on-site parking spaces at the rear of the Property. There is a limited supply of multi-family units in Norfolk County with a high demand for rental units. The Property is separately metered for electricity, heat and hot water, which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. The opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior. Pizza Shop has a new five year lease with one (1), 5-year option. The Lease calls for 3% annual rent increases throughout. The Print Shop's rent is below market, offering upside. The opportunity exists to acquire a well-maintained property with significant upside in a desirable location.
Last Agent to Sell the Property
Kelleher - Pentore Team
Horvath & Tremblay Listed on: 09/25/2025
Co-Listed By
Dennis Kelleher
Horvath & Tremblay
Last Buyer's Agent
Dennis McClosky
Redfin Corp.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,395
Year Built
- Built in 1900
Lot Details
- 10,018
Home Design
- Shingle Roof
Interior Spaces
- 6,276 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 10 Open Parking Spaces
- 10 Car Parking Spaces
- Off-Street Parking
Additional Features
- 10,018 Sq Ft Lot
- Property is near golf course, public transit, and schools
- Separate Meters
Listing and Financial Details
- Total Actual Rent $10,985
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number 89242
Community Details
Overview
- 6 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $33,160
- Net Operating Income $98,660
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Franklin, MA
-
Beth Rossi
-
Heidy Gisler
Heidy Gisler
Keller Williams Realty Success
(781) 782-2883
61 Total Sales
2 in Downtown Franklin
$525K - $600K Price Range
-
Jen McMorran
Jen McMorran
Responds QuicklyKeller Williams Elite
(339) 220-5309
114 Total Sales
1 in Downtown Franklin
$610,000 Price
-
Linda Wigren
Linda Wigren
Conway - Walpole
(774) 806-8264
89 Total Sales
1 in Downtown Franklin
$595,000 Price
-
Roger Ring
Roger Ring
Fathom Realty MA
(774) 643-7048
17 Total Sales
1 in Downtown Franklin
$385,000 Price
-
Corina Bonenfant
Corina Bonenfant
Keller Williams Elite
(774) 341-4733
46 Total Sales
1 in Downtown Franklin
$515,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Sold | $1,450,000 | -3.3% | $231 / Sq Ft |
| 11/24/2025 11/24/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $1,500,000 | -- | $239 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
K
Seller's Agent in 2026
Kelleher - Pentore Team
Horvath & Tremblay
-
D
Seller Co-Listing Agent in 2026
Dennis Kelleher
Horvath & Tremblay
-
Dennis McClosky
D
Buyer's Agent in 2026
Dennis McClosky
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73435816
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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