243 Union Street Franklin MA 02038 MLS #73396651

243 Union Street
Franklin, MA, 02038
$649,900
4 Beds
3 Baths
2,000 SqFt
0.13 Acres
$649,900
243 Union Street
Franklin, MA, 02038
Exceptional Investment Opportunity in Prime Franklin Location!Discover this well-maintained, income-generating property minutes from the train station and Dean College!. These spacious apartments boast an open floor plan, a strong rental history, and ample off-street parking—an uncommon find so close to transit.The large basement includes generous storage space and option to add coin-operated laundry facilities, enhancing tenant appeal and boosting rental potential. With efficient town water and sewer services, operating costs remain predictable, supporting consistent positive cash flow.Recent cosmetic updates include vinyl siding and replacement windows—ensure a turnkey experience for both tenants and owners. Whether you’re a seasoned investor or a first-time buyer looking to live in one unit and rent the others, this is a rare chance to enter the Franklin market with confidence.

Property Details

Price:
$649,900
MLS #:
73396651
Status:
Pending
Beds:
4
Baths:
3
Address:
243 Union Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Franklin
Listed Date:
Jun 25, 2025
State:
MA
Finished Sq Ft:
2,000
Total Sq Ft:
2,000
ZIP:
02038
Lot Size:
5,600 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Vinyl, Carpet, Hardwood
Heating
Natural Gas, Electric

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Parking Features
Off Street, Common, Stone/ Gravel
Parking Spots
8
Roof
Shingle

Financial

Net Operating Income
$40,800
Tax Year
2024
Taxes
$6,626
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Berkshire Hathaway HomeServices Evolution Properties. The property listing data and information 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 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 set forth herein.
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243 Union Street
Franklin, MA