491 W Central St # D2, Franklin MA 02038

Franklin, MA 02038
$299,000
Est. $2,313/month
2
Beds
1
Baths
880
Sq Ft
$340
Price/Sq Ft
1982
Year Built
1
Parking
20
Days on Market
Active Listed Jul 8, 2026 • MLS# 73546283 Copied! • Updated Jul 15, 2026

About this home

Well-maintained 2-bedroom condo at Presidential Arms offering an affordable opportunity in a convenient Franklin location. This ground-level unit features 880 sq ft of living space with a spacious living room, exterior access to a covered patio/deck, a separate dining area, and an updated kitchen completed approximately 4–5 years ago. Both bedrooms offer good closet space, ceiling fans, and wall-to-wall carpet. Additional highlights include wall AC, electric heat with baseboards approximately 3 years old, one assigned parking space, guest parking, common laundry in the building, and professional off-site management. The monthly condo fee includes hot water, water, sewer, master insurance, landscaping, snow removal, refuse removal, laundry facilities, and reserve funds. Conveniently located near shopping, restaurants, public transportation, commuter rail, and I-495. A great opportunity to own a low-maintenance condo in Franklin.

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Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jul 16, 2026
New showing requirements
🏠
Listed for Sale
Jul 8, 2026
$299,000
Original listing
Agent: The TrustPoint Group Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $2,938 $257,300

Financial Details

Annual Property Tax
$2,938
Tax Year 2026
HOA Fee
$356
Monthly
Assessed Value
$257,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1982
Living Area 880 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Electric
Cooling Wall Unit(s)
Flooring Tile, Vinyl, Carpet
Appliances None
Fireplace None
Basement Y
Laundry First Floor, Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Off Street, Assigned, Guest
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $2,938
Assessed Value $257,300

HOA & Community

HOA Fee $356 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Seller Disclosures No Dogs Allowed, Reptiles Require Consent From Trustees. Sale Is Contingent Upon The Seller Securing Suitable Rental Housing. Buyer And Buyer’s Agent To Perform Their Own Due Diligence And Verify All Condominium Documents, Rules, And Regulations.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building D2
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Norfolk
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1982
Bedrooms
2
Full Bathrooms
1
Living Area
880 sq ft
Total Rooms
5
Stories
4
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, Common Area, In Building
Security:

Construction & Materials

Year Built: 1982
Structure Type: Garden
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Electric
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Guest
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
1.0 mi
Grades PK-12
A
Benjamin Franklin Classical Charter Public School
2.2 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
0.6 mi
142 students Diverse
Diverse Student Body
Grades PK
Lincoln Street K-2 Elementary School
1.7 mi
Grades K-02
Lincoln Street 3-5 Elementary School
1.7 mi
Grades 03-05
Washington Street K-2 Elementary School
2.6 mi
Grades K-02
Washington Street 3-5 Elementary School
2.6 mi
Grades 03-05
M

Middle Schools

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

High Schools

2 schools
A-
Tri-County Regional Vocational Technical
0.4 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
A
Franklin High School
0.5 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
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $245
Homeowners Insurance $200
HOA Fee $356/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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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.

Location

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Neighborhood

491 W Central St # D2, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent The TrustPoint Group
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID TM362808
Office MLS ID AC0342
Listing Data Updated Jul 15, 2026 8:17 PM 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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