Seller's Agent in 2025
Christine Molla
Costello Realty
(508) 768-7880
14 in this area
81 Total Sales
8 Alpine Place Franklin, MA 02038
Downtown Franklin Neighborhood
6
Beds
4
Baths
2,594
Sq Ft
5,985
Sq Ft Lot
Highlights
- Medical Services
- 4-minute walk to Franklin
- Property is near public transit
- Helen Keller Elementary School Rated A-
- Deck
- Wood Flooring
About This Home
As of November 2025ATTENTION CONTRACTORS AND INVESTORS - 4 Family Located in Downtown Commercial I Zoning OFFERS GREAT INVESTMENT POTENTIAL - This multi family includes 4 residential rental units - 3 car garage under and detached 2 car garage (20 X 24) for additional storage. Town Water - Town Sewer - Natural Gas - ALL RENTS ARE CURRENTLY WELL BELOW MARKET VALUE AND ARE ALL TAW - This property includes (2) Two Bedroom Units and (2) Studio Apartments - PROPERTY NEEDS UPDATING AND IS REFLECTED IN THE LIST PRICE - Roof , Heating System and Hot Water are all approximately 4 Years Old. This will not qualify FHA, or VA Loans due to condition. Property sold AS IS CONDITION. This property has tremendous potential as an income property or redevelopment potential. Current Assessment $ 773,500
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,988
Year Built
- Built in 1900
Lot Details
- 5,985 Sq Ft Lot
- Cleared Lot
Parking
- 3 Car Garage
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,594 Sq Ft Home
- Property has 1 Level
- Gas Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- 1 Cooling Zone
- 4 Heating Zones
Listing and Financial Details
- Total Actual Rent $2,300
- Assessor Parcel Number 90339
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 4 Units
- Net Operating Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2025
Closed on
Nov 24, 2025
Sold by
Cornetta Rt and Cornetta
Bought by
Hearn Kevin D
Seller's Agent
Christine Molla
Costello Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%
Views
1668
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
316.20%
Original Mortgage
$456,000
Outstanding Balance
$456,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,879
Purchase Details
Closed on
Dec 20, 2018
Sold by
Richard R Cornetta Lt
Bought by
Cornetta Rt
Purchase Details
Closed on
Jan 30, 2009
Sold by
Cornetta Priscilla T
Bought by
Richard R Cornetta Lt and Cornetta
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 | $570,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | Sold | $570,000 | -12.3% | $220 / Sq Ft |
| 09/29/2025 09/29/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | For Sale | $650,000 | -- | $251 / 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 | $8,988 | $773,500 | $219,200 | $554,300 |
| 2024 | $8,418 | $714,000 | $219,200 | $494,800 |
| 2023 | $7,914 | $629,100 | $202,800 | $426,300 |
| 2022 | $8,634 | $614,500 | $182,700 | $431,800 |
| 2021 | $7,753 | $529,200 | $168,100 | $361,100 |
| 2020 | $7,658 | $527,800 | $197,800 | $330,000 |
| 2019 | $7,588 | $517,600 | $174,700 | $342,900 |
| 2018 | $7,583 | $517,600 | $174,700 | $342,900 |
| 2017 | $6,638 | $455,300 | $164,800 | $290,500 |
| 2016 | $5,639 | $388,900 | $178,000 | $210,900 |
| 2015 | $5,771 | $388,900 | $129,000 | $259,900 |
| 2014 | $5,620 | $388,900 | $129,000 | $259,900 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Molla
-
N
Buyer's Agent in 2025
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73413184
APN: FRAN-000279-000000-000242
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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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