COMPLETELY RENOVATED, SUNNY, FULLY-RENTED MULTI FAMILY ON LARGE LOT IN DOWNTOWN FRANKLIN! This charming property is a fantastic investment opportunity; it is like buying brand new! The two units have been refurbished in their entirety, including new insulation and an energy efficient heating/cooling system. The property features a grand staircase to the top unit. Both apartments have a refurbished kitchen with new appliances. Tenants share a common yard area, exterior deck and laundry facilities in the basement. The owner will also derive a third rent from a large parking area, leased to the neighboring market. The location is ideal: walking distance to grocery stores, coffee shops, restaurants and minutes to the commuter rail. Close to Route 140, Route 1 and I95.Don’t miss the opportunity to buy a beautiful, revenue-generating property in one of the best towns in Massachusetts!
Property Id : 186937
Price: $ 700K
Property Size: 1,468 ft2
Property Lot Size: 0 ft2
Rooms: 7
Bedrooms: 2
Bathrooms: 2
List Agent MLS ID: CN229097
List Office MLS ID: AN4875
Basement: Partially Finished
MLSPIN LIST PRICE PER SQFT: 476.84
Bathrooms Total Decimal: 2
Bathrooms Full: 2
Bathrooms Half: 0
MLSPIN SUB-AGENCY OFFERED: No
Original List Price: 700000
Street Name: E Central St
Electric: 110 Volts
Buyer Agency Compensation: 2.0
Fireplaces Total: 0
Cooling: Unit 1(Central Air,Unit Control),Unit 2(Central Air,Unit Control)
Gross Income: 40200
MLSPIN_DISCLOSURE: N
Disclosures: The sale will include a provision to lease a portion of the parking area,separated by a fence from the residence,to the owner of Devita’s Market. This will generate an additional $600.00 per month. Hence the multi family property generates 2 residence rents and 1 parking rent.
Sewer: Public Sewer
Tax Annual Amount: 4179
Tax Assessed Value: 332200
Tax Year: 2023
Garage Spaces: 0
Year Built Source: Public Records
Zoning: RES
Heating: Unit 1(Forced Air),Unit 2(Central Heat)
Laundry Features: Laundry Room
Listing ID: 73094655
Lot Size Area: 0.4
Lot Size Square Feet: 17629
Lot Size Units: Acres
MLS Status: New
Number Of Units Total: 2
Parking Features: Paved Drive,Shared Driveway,Common
Parking Total: 4
Postal Code +4: 1314
Roof: Shingle
State: MA
Street Number: 206
Street Number Numeric: 206
Transaction Broker/Facilitator Compensation: 2.0
Year Built: 1909
Other Features
Garden
Gas Water Heater
Has Cooling System
Has Heating System
Open Parking
Unit 1 Rooms(Living Room,Kitchen)
Unit 1(Range,Dishwasher,Refrigerator)
Unit 2 Rooms(Living Room,Kitchen,Office/Den)
Unit 2(Range,Dishwasher,Refrigerator)
