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159 East Central Street, Franklin MA 02038 – 11 bed 5 bath For Sale – 73329622

$ 1,450,000
159 East Central Street, Franklin MA 02038,

Overview

  • Updated On:
  • January 27, 2025
  • listingid
  • 73329622
  • 11 Bedrooms
  • 5 Bathrooms
  • 0 Garage Spaces
  • 8 Non-Garage Parking Spaces
  • 1850

Description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 159 E Central Street in Franklin, Massachusetts. Within walking distance of the commuter rail. The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1-Bathroom 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 eight (8) on-site parking spaces.

Property Listing Details

Overview

MLS Status
Price $ 1,450,000
Living Area 3,844.00 ft2
Bedrooms 11
Total Rooms 15
Listing MLS ID 73329622
Days on Market 0
Bathrooms 5

Unit Information

Bedrooms 11
Full Bathrooms 5
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 8
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement Full
Patio And Porch Features
Parking Features 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 Full
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping
Disclosures
Last Updated 2025-01-27T19:48:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 90584
Original List Price 1450000
Listing Office horvath & tremblay
Tax Annual Amount 7183
Tax Assessed Value 666700
Tax Book Number N/A
Tax Year 2024
Year Built Details Actual
Year Built Source Public Records
Zoning RA
Listing Agent spencer smith

Property Address

Address: 159 East Central Street, Franklin MA 02038
City:
State/County:
Zip: 02038
Country: United States

Amenities and Features

Other Features
Open Parking

Payment Calculator

$ 8,308.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,954.79

Map

Transport
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Schools
Restaurants
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Hospitals

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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

159 East Central Street, Franklin MA 02038 – 11 bed 5 bath For Sale – 73329622

$ 1,450,000

Status:

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

Country: United States

Property Overview

MLS #: 73329622

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: 15

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 11 (Main Level: )

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

Basement: Full

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame,Brick

Foundation: Concrete Perimeter (Area: )

Roof: Shingle

Stories: 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: 8

Parking Features: Shared Driveway

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features:

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

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: RA ()

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 159 E Central Street in Franklin, Massachusetts. Within walking distance of the commuter rail. The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1-Bathroom 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 eight (8) on-site parking spaces.

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: 0, Rent: 1850, Lease: Y

Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1350, Lease: Y

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1350, Lease: Y

Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1150, Lease: Y

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 7183 (Year: 2024)

Tax Assessed Value: 666700

Tax Block/Lot/Book/Map: / / N/A /

Parcel Number: 90584

Special Licenses:

Current Financing:

Gross Income: 95865 (Scheduled: 0)

Net Operating Income: 71757

Operating Expense: 24108 (Water/Sewer: 5000, Insurance: 4100)

Financial Data Source: Accountant,Pro. Forma Available

APOD Available: Yes

Tenant Pays:

Rent Includes:

Total Actual Rent: 8300

Lease Term: (Existing Type: )

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

Insurance Required:

References Required:

Listing & Agent Information

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

Listing Office: (MLS ID: AN2723)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-01-27

Expiration Date: 1900-01-01

Original List Price: 1450000

Price Per SqFt (List): 377.21

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

MLS Status: New

Possession:

Directions: The Property is situated in the center of Franklin and is 0.4-miles fromthe Franklin Train Station.

Disclosures: , Y

Lead Paint: Certified Treated

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: N/A)

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: 1681858

Modification Timestamp: 2025-01-27T19:48:00.000Z

Bridge Modification Timestamp: 2025-01-27T19:52:11.773Z

Original Entry Timestamp: 2025-01-27T19:29:00.000Z

Status Change Timestamp: 2025-01-27T19:29:00.000Z

Off Market Date:

Development Status:

Business Type:

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