249 Union Street

Franklin, MA 02038

$549,900
Price
5
Beds
2
Baths
1,507 Sq. Ft.
$365 / Sq. Ft.
1,507
Sq. Ft.
$365
per Sq. Ft.

Description

Owner Occupied and Prime Investment Opportunity in Franklin This two-unit property offers significant income potential and is ideally located for commuters. The first unit is a 1-bedroom, 1-bathroom rental currently generating $850/month. Section 8 approved, this unit has the potential to be adjusted to the current market rate of $1,600/month. It also includes a private washer/dryer in the basement, adding convenience for tenants. The second unit is a spacious 4-bedroom, 1-bathroom layout, complete...Owner Occupied and Prime Investment Opportunity in Franklin This two-unit property offers significant income potential and is ideally located for commuters. The first unit is a 1-bedroom, 1-bathroom rental currently generating $850/month. Section 8 approved, this unit has the potential to be adjusted to the current market rate of $1,600/month. It also includes a private washer/dryer in the basement, adding convenience for tenants. The second unit is a spacious 4-bedroom, 1-bathroom layout, complete with a first-floor laundry room. Walk down basement access for mechanicals, ensuring easy maintenance access. Please note - the 1st unit could be converted back to the original 2 bedroom making the 2nd unit a 3 bedroom if wanted/needed. Situated near Dean College, the commuter rail, playgrounds, dog parks, and major routes, this property is ideal for renters seeking a well-connected location with nearby amenities. Don’t miss out on this lucrative investment in a highly desirable area.
  1. Listed by Amber Cadorette • Keller Williams Elite

Property Details for 249 Union Street

Town
Franklin
Area
MA-Franklin
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 11/23/2024 10:00 AM

Property Details for 249 Union Street

StatusUnder Agreement
MLS #73315054
Days on Market1
Taxes$5,010 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Side by Side
Year Built1900
CountyNorfolk County

Building Information for 249 Union Street

Stories4Residences2Year Built1900Building Size-Lot Size0.14 AC / 5,898 SF

Property Information for 249 Union Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
  • Living Area: 1507.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Keller
  • High School: Fhs/Tricounty
  • Middle School: Sullivan
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Walk Out
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen, Laundry Room, Mudroom, Office/Den
  • Laundry Features: Washer Hookup, Dryer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot, Cleared, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Tenant in 247 would like to remain. Fridge in 247 belongs to tenant. Subject to sellers finding suitable housing. Actively looking.
Tax Information
  • Tax ID: 90108
  • Assessments: $424,900
  • Book: 39292
  • Tax Year: 2024
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Heat Units: 2
Income / Expenses
  • GOI: $10,200.00
  • NOI: $10,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $850.00

Property History for 249 Union Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 249 Union Street

Taxable ValueLand$234,200Additions$190,700Total$424,900
Tax Record2024$5,010 ($418 / month)
Home Facts
Baths2Total Finished SqFt1,476 SqFtAbove Grade Finished SqFt1,476 SqFtUnfinished Basement SqFt864 SqFtStories2Lot Size5,898 SqFtStyleDuplexYear Built1900CountyNORFOLKAPNFRAN M:287 L:144

Schools near 249 Union Street

This home is within Franklin School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Helen Keller Elementary School
PublicK to 5

Annie Sullivan Middle School
Public6 to 8

Franklin High School
Public9 to 12

Davis Thayer Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite, Amber Cadorette

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.