40 Cross St Franklin, MA 02038
Downtown Franklin NeighborhoodEstimated payment $3,687/month
About This Home
Fantastic opportunity to own a well-maintained multi-family home in a prime Franklin location! FHA buyers are welcome! This property features two spacious units, each offering 2 bedrooms and 1 full bathroom, ideal for owner-occupants or investors. Both units are filled with natural light from numerous windows, creating a bright and welcoming atmosphere. The home sits on a generous lot with a good-sized outdoor area—perfect for relaxing or entertaining. A detached single-car garage and additional paved off-street parking offer plenty of convenience. Located close to local amenities including shops, restaurants, schools, parks, and the commuter rail, this property is perfectly positioned for easy living. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is a must-see. Don't miss your chance to invest in this desirable Franklin neighborhood!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,363
Year Built
- Built in 1860
Lot Details
- 9,117 Sq Ft Lot
Parking
- 1 Car Garage
- Driveway
- Open Parking
Home Design
- Stone Foundation
Interior Spaces
- 2,014 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number M:286 L:054,90436
Map
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 | $6,363 | $547,600 | $241,000 | $306,600 |
| 2024 | $5,671 | $481,000 | $241,000 | $240,000 |
| 2023 | $5,804 | $461,400 | $243,000 | $218,400 |
| 2022 | $5,516 | $392,600 | $200,800 | $191,800 |
| 2021 | $5,397 | $368,400 | $215,100 | $153,300 |
| 2020 | $5,260 | $362,500 | $217,000 | $145,500 |
| 2019 | $5,015 | $342,100 | $196,600 | $145,500 |
| 2018 | $4,864 | $332,000 | $202,100 | $129,900 |
| 2017 | $4,597 | $315,300 | $185,400 | $129,900 |
| 2016 | $4,285 | $295,500 | $182,400 | $113,100 |
| 2015 | $4,318 | $291,000 | $177,900 | $113,100 |
| 2014 | $3,795 | $262,600 | $149,500 | $113,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Pending | -- | -- | -- |
| 09/09/2025 09/09/25 | Price Changed | $599,000 | -2.6% | $297 / Sq Ft |
| 08/18/2025 08/18/25 | For Sale | $614,900 | 0.0% | $305 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | For Sale | $614,900 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $51,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73398580
APN: FRAN-000286-000000-000054
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