97 E Central St Franklin, MA 02038
Downtown Franklin NeighborhoodEstimated payment $5,443/month
Highlights
- Hot Property
- Deck
- Wood Flooring
- Medical Services
- Property is near public transit and schools
- Jogging Path
About This Home
Opportunity awaits in the heart of Franklin! Ideally located just minutes from downtown shops, restaurants, commuter rail access, major highways, and everyday conveniences, this four-family property offers exceptional potential for investors and owner-occupants alike. The building features four units: a spacious 2-bedroom, 2-bath unit with its own laundry, high ceilings, crown molding, hardwood floors, and timeless character; a first-floor 1-bedroom, 1-bath unit with access to a private deck; a second-floor 2-bedroom, 1-bath unit; and an upper-level 1-bedroom, 1-bath unit with access to a private deck. Ample off-street parking adds to the appeal. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this centrally located property offers flexibility and opportunity in a highly convenient location. 3 of the 4 units are currently occupied with T.A.W tenants. Please attempt to limit first showings to Open Houses; Thursday August 6 from 3-6pm and Saturday, August 8 from 11-1.
Listing Agent
Berkshire Hathaway HomeServices Evolution Properties Listed on: 08/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,158
Year Built
- Built in 1880
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,263 Sq Ft Home
- Property has 1 Level
- Crown Molding
- Combination Dining and Living Room
- Washer and Dryer Hookup
- Unfinished Basement
Kitchen
- Range
- Microwave
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- 6 Car Parking Spaces
- Common or Shared Parking
- Driveway
- 6 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Porch
Additional Features
- 16,209 Sq Ft Lot
- Property is near public transit and schools
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:0286 B:0249 L:0000,90400
Community Details
Overview
- 4 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $76,800
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $8,429 | $725,400 | $221,800 | $503,600 |
| 2024 | $7,689 | $652,200 | $221,800 | $430,400 |
| 2023 | $7,205 | $572,700 | $205,200 | $367,500 |
| 2022 | $8,046 | $572,700 | $184,800 | $387,900 |
| 2021 | $7,031 | $479,900 | $170,200 | $309,700 |
| 2020 | $6,944 | $478,600 | $190,200 | $288,400 |
| 2019 | $6,880 | $469,300 | $176,800 | $292,500 |
| 2018 | $6,875 | $469,300 | $176,800 | $292,500 |
| 2017 | $6,020 | $412,900 | $166,800 | $246,100 |
| 2016 | $5,113 | $352,600 | $180,200 | $172,400 |
| 2015 | $5,233 | $352,600 | $155,400 | $197,200 |
| 2014 | $5,095 | $352,600 | $130,600 | $222,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $849,900 | +99.7% | $260 / Sq Ft | |
| 07/22/2014 07/22/14 | Sold | $425,500 | -14.7% | $127 / Sq Ft | View Prior Sale |
| 06/22/2014 06/22/14 | Pending | -- | -- | -- | |
| 05/20/2014 05/20/14 | For Sale | $499,000 | -- | $149 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $425,500 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $240,600 | Commercial | |
| Previous Owner | $12,000 | Commercial | |
| Previous Owner | $250,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73556883
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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