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153-159 East Central Street, Franklin MA 02038 – 11 bed 5 bath For Sale – 73378168

$ 1,200,000
153-159 East Central Street, Franklin MA 02038,

Overview

  • Updated On:
  • May 25, 2025
  • listingid
  • 73378168
  • 11 Bedrooms
  • 5 Bathrooms
  • 0 Garage Spaces
  • 6 Non-Garage Parking Spaces
  • 1850

Description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 153-159 E Central Street in Franklin, Massachusetts.The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1Bathroom units, two (2), 2-Bedroom/1-Bathroom units, and one (1),5-Bedroom/1-Bathroom unit with 3,844 square feet of living area in 11,400 total gross square feet. The Property is situated on a 0.156-acre parcel of land and features six (6) on-site parking spaces. There are currently three vacant units. A great opportunity for an investor to place market rate tenants in an emerging market.

This property is listed by Spencer Smith from Horvath & Tremblay

Property Listing Details

Overview

MLS Status
Price $ 1,200,000
Living Area 3,844.00 ft2
Bedrooms 11
Total Rooms 16
Listing MLS ID 73378168
Days on Market 4
Bathrooms 5

Unit Information

Bedrooms 11
Full Bathrooms 5
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 6
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features Paved Drive,Shared Driveway
Waterview Features
Flooring

Building Information

Building Name
Units in Building 5
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame,Brick
Year Built 1850
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Golf,Highway Access,Public School,T-Station
Disclosures
Last Updated 2025-05-25T08:05:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number
Original List Price 1200000
Listing Office horvath & tremblay
Tax Annual Amount 7183
Tax Assessed Value 666700
Tax Book Number NA
Tax Year 2024
Year Built Details Actual
Year Built Source Public Records
Zoning NA
Listing Agent spencer smith

Property Address

Address: 153-159 East Central Street, Franklin MA 02038
City:
State/County:
Zip: 02038
Country: US

Amenities and Features

Other Features
Dining Room
Kitchen
Living Room
Loft
Open Parking

Payment Calculator

$ 6,875.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,755.69

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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153-159 East Central Street, Franklin MA 02038 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

153-159 East Central Street, Franklin MA 02038 – 11 bed 5 bath For Sale – 73378168

$ 1,200,000

Status:

153-159 East Central Street, Franklin MA 02038, , , 02038

Country: US

Property Overview

MLS #: 73378168

Type: /

Action:

Year Built: 1850 (Actual, Source: Public Records, Effective: )

Living Area: 3,844.00 ft2 (Total: 3844 Square Feet, Source: Public Records)

Lot Size: 0.26 ft2 (Area: 0.26 Acres, SqFt: 11400)

Total Rooms: 16

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 11 (Main Level: )

Bathrooms: Total: 5 (Full: 5, Half: 0, Decimal: 5, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame,Brick

Foundation: Brick/Mortar (Area: )

Roof: Shingle

Stories: 9 (9)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: 275)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 6

Parking Features: Paved Drive,Shared Driveway

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Easements

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Golf,Highway Access,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: NA ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 153-159 E Central Street in Franklin, Massachusetts.The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1Bathroom units, two (2), 2-Bedroom/1-Bathroom units, and one (1),5-Bedroom/1-Bathroom unit with 3,844 square feet of living area in 11,400 total gross square feet. The Property is situated on a 0.156-acre parcel of land and features six (6) on-site parking spaces. There are currently three vacant units. A great opportunity for an investor to place market rate tenants in an emerging market.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 5

Units Owner Occupied:

Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1900, Lease: N

Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1900, Lease: N

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2200, Lease: N

Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1850, Lease: Y

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 7183 (Year: 2024)

Tax Assessed Value: 666700

Tax Block/Lot/Book/Map: / / NA /

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: 126294 (Scheduled: )

Net Operating Income: 102286

Operating Expense: 24008 (Water/Sewer: 4900, Insurance: 4100)

Financial Data Source: Owner

APOD Available: Yes

Tenant Pays:

Rent Includes:

Total Actual Rent: 10850

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Spencer Smith (MLS ID: CN247171) / Team:

Listing Office: Horvath & Tremblay (MLS ID: AN2723)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-05-21

Expiration Date: 1900-01-01

Original List Price: 1200000

Price Per SqFt (List): 312.17

Market Time (Property): 4 (Broker: 4, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: The Property is positioned along E Central Street (MA Route 140).

Disclosures: , Y

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: NA)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2184195

Modification Timestamp: 2025-05-25T08:05:00.000Z

Bridge Modification Timestamp: 2025-05-25T08:06:03.988Z

Original Entry Timestamp: 2025-05-21T14:39:00.000Z

Status Change Timestamp: 2025-05-21T14:39:00.000Z

Off Market Date:

Development Status:

Business Type:

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