$750,000
SOLD OCT 31, 2024

92 N Franklin St Holbrook, MA 02343

7 Beds
5 Baths
3,432 Sq Ft
9,600 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Granite Flooring
  • Corner Lot
  • Coin Laundry
  • Property is near public transit
  • Shops

About This Home

As of October 2024

Investment opportunity! 5 unit rental building in the heart of downtown Holbrook. Four units occupied, one unit delivered vacant. Off street parking for ten cars (tandem) at rear of building. Basement oil fired furnace heats all units and has been annually maintained. Each unit on separate electric paid by tenant. Heat and water included in rents. Converted two stall garage now used as storage. Convenient to everything in downtown area - library, laundromat, restaurants, etc. Please include buyer signed lead paint and sellers disclosure forms with any offers.Showings start at Open House on Saturday, March 9 from 1-3pm.

Last Agent to Sell the Property

Kerry Elinskas

Coldwell Banker Realty - Hingham Listed on: 03/07/2024

Coldwell Banker Realty - Hingham

Last Buyer's Agent

Shailesh Shah

Boston Crown Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,935

Year Built

  • Built in 1910

Lot Details

  • 9,600 Sq Ft Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • Unfinished Basement
  • Dirt Floor

Flooring

  • Wood
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Holbrook Elementary And Middle School
  • Holbrook High School

Utilities

  • 1 Heating Zone
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,395
  • Assessor Parcel Number M:15 L:039000,105876

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Insurance Expense $4,000
  • Water Sewer Expense $4,225
  • Operating Expense $12,025
  • Net Operating Income $64,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,935

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Dirt Floor, Unfinished
  • Living Area: 3432
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 216.78
  • PRICE PER Sq Ft: 218.53
  • MAIN SO: NB5129

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Individually Metered
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4225

Lot Info

  • Parcel Number: M:15 L:039000,105876
  • Zoning: TC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9600
  • Lot Size Units: Acres
  • PAGE: 666
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7935
  • Tax Book Number: 5675

Multi Family

  • Gross Income: 64740
  • Insurance Expense: 4000
  • Net Operating Income: 64740
  • Number Of Units Total: 5
  • Operating Expense: 12025
  • Total Actual Rent: 5395
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

MLS Schools

  • High School: Holbrook
  • Elementary School: Holbrook
  • Middle Or Junior School: Holbrook

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $750,000 +0.8% $219 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $744,000 -- $217 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73209734

MLS Property Information Network (MLS PIN)