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200 Union St, Franklin MA 02038

Franklin, MA 02038
$720,000
Est. $4,388/month
5
Beds
2
Baths
2,493
Sq Ft
$289
Price/Sq Ft
0.27
Acres
1900
Year Built
3
Days on Market
Closed Listed Mar 6, 2025 • MLS# 73341993 Copied!

About this home

AMAZING INVESTMENT OPPORTUNITY 2-Family Home for Sale in Franklin! Owner occupied.. Income generating property. Discover this fantastic 5 bedroom, 2 bath Multi-family home, perfect for investors or owner-occupants looking to offset their mortgage with rental income! Nestled in the heart of downtown Franklin, this well-maintained property offers turn-key living with separate utilities, gas heat, town sewer/water, newer roof and 2 newer furnaces/tankless water heater combo, vinyl siding. Each unit boasts spacious layouts, modern appliances, in-unit laundry, ample storage in basement providing comfortable living for tenants or extended family. Enjoy outdoor space with a large fenced-in backyard, porch, deck, patio area, fire pit and convenient off-street parking for both units. Conveniently located close to Dean College, MBTA commuter rail, restaurants, shopping and much more! Don’t miss out on this amazing home and investment!! **OPEN HOUSE SAT & SUN 11AM TO 1PM**

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,493 sq ft
Total Rooms
12
Stories
2
Levels
2

Sale Statistics

Sale Overview
Original List Price: $695,000
Final Sale Price: $720,000
Difference: +$25,000 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $279
Sale $/sq ft: $289
This property sold for $289 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,493 sq ft
Lot Size 0.27 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Interior

Heating Natural Gas
Cooling None
Flooring Carpet, Laminate, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen, Laundry Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck

Parking

Features Paved Drive, Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $6,562
Assessed Value $556,600

Interior Features

Flooring: Carpet, Laminate, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Laundry Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

200 Union St, Franklin MA 02038

Franklin, MA 02038

Walkability

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Nearby Schools

School District
Franklin School District local
A
🎓 Where Graduates Go Class of 2021
84% attend college
79% 4-Year 5% 2-Year 45% Out of State 4% Working
School Safety 2024-25
0.7% Low
0.7% Suspensions 1.7% In-School
4.8% below state avg
E

Elementary Schools

7 schools
Amego School
0.9 mi
Grades PK-12
A
Benjamin Franklin Classical Charter Public School
1.9 mi | #64 of 352 | Score: 54.5
Improved 16 spots from last year
-3.7 below state avg
898 students Diverse
Grades K-08
Franklin Early Childhood Development Center
0.7 mi
142 students Diverse
Diverse Student Body
Grades PK
Lincoln Street K-2 Elementary School
1.8 mi
Grades K-02
Lincoln Street 3-5 Elementary School
1.8 mi
Grades 03-05
Washington Street K-2 Elementary School
2.2 mi
Grades K-02
Washington Street 3-5 Elementary School
2.2 mi
Grades 03-05
M

Middle Schools

1 school
Franklin Middle School
0.7 mi
Grades 06-08
H

High Schools

2 schools
A
Franklin High School
0.8 mi | #57 of 346 | Score: 66.1
Improved 35 spots from last year
+7.9 above state avg
1,453 students Moderate
18 sports • 2,232 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
A-
Tri-County Regional Vocational Technical
1.3 mi | #92 of 346 | Score: 60.8
Improved 46 spots from last year
+2.6 above state avg
1,000 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $547
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.5%
Price Range
6
Total Days on Market

Property Timeline

Sold
Apr 18, 2025
$720,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Mar 6, 2025
$695,000
Original listing
Agent: The Liberty Group Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Mar 6, 2025 New Listing Added $695,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$289

Tax History

Year Taxes Assessment
2024 $6,562 $556,600

Financial Details

Annual Property Tax
$6,562
Tax Year 2024
Assessed Value
$556,600

Listing Information

Listing Agent The Liberty Group
Listing Office Real Broker MA, LLC
Agent MLS ID TM316896
Office MLS ID AN4866
Listing Data Updated Apr 21, 2025 8:32 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Franklin, MA

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Steven Novak

BMN Boston Real Estate

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