$1,150,000

159 E. Central St., Franklin, MA 02038

  • 10 beds |
  • 5 baths |
  • 3,844 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $299/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare opportunity to own a well-maintained 5-unit building in prime Franklin location. This building contains two 1-bedroom units, two 2-bedroom units and one 4-bedroom unit. All units have separate heat, hot water and electric. Off-street parking for 6 cars. Coin operated laundry in basement. Roof was replaced in 2022. Other systems are in good condition. 4/5 units are currently rented with a gross monthly rent of $7650. Projected rent for vacant 4 bedroom unit is $3800. Units have been well-kept. Two units have lead compliance certificates. Ideal commuter location for tenants only .4 mi to Franklin commuter rail stop and close to Rt. 495; .2 mi to Shaw's grocery store and directly across the street from Walgreen's. This will make a great addition to any portfolio with minimum maintenance required.

Listing Status:
Pending
Date Added:
October 1, 2025 at 05:00AM
Listing Office:
Commonwealth Standard Realty Advisors : 617-286-6855
Listing Agent:
Elizabeth Bain : 508-954-1935
MLS ID:
73438457
  • Basement: FullInterior EntryUnfinished
  • Flooring: VinylCarpet
  • A/C: Window Unit(s)
  • Heating: BaseboardNatural Gas
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveOff Street
  • Roofing: Shingle
  • General: FrameBrick8Brick/Mortar
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Norfolk
  • Zoning: N/A90584
  • Utilities: for Gas Range
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Elizabeth Bain, Commonwealth Standard Realty Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

D

Davis Thayer Elementary School

137 W Central St, Franklin, MA, 02038

Grades KG-5

0.64 miles away

H

Horace Mann Middle School

224 Oak St, Franklin, MA, 02038

Grades 6-8

1.08 miles away

F

Franklin High School

218 Oak St, Franklin, MA, 02038

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.