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$1,087,500

  • Sold
  • Closed
  • Multi-Family
  • 5 Units
  • 10 Total Beds
  • 0.16 Acres
  • Updated 9 days ago
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Rare opportunity to own a well-maintained 5-unit building in prime Franklin location. This building contains two 1-bedroom units, two 2-bedroom units and one 4-bedroom unit. All units have separate heat, hot water and electric. Off-street parking for 6 cars. Coin operated laundry in basement. Roof was replaced in 2022. Other systems are in good condition. 4/5 units are currently rented with a gross monthly rent of $7650. Projected rent for vacant 4 bedroom unit is $3800. Units have been well-kept. Two units have lead compliance certificates. Ideal commuter location for tenants only .4 mi to Franklin commuter rail stop and close to Rt. 495; .2 mi to Shaw's grocery store and directly across the street from Walgreen's. This will make a great addition to any portfolio with minimum maintenance required.

Full Property Details for 159 E Central St

General

  • Sold For: $1,087,500
  • Taxes: $7,747 (2025)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 73438457
  • Added to Site: 107 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking Features: Paved Drive, Off Street

Location

  • County: Norfolk

Structural Information

  • Basement: Yes
  • Stories/Levels: 8
  • Square Feet: 3,844
  • Year Built: 1850

Lot Features

  • Lot Size (Acres): 0.16

Financial Considerations

  • Tax Amount: $7,747.05
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Lead compliance certificates available for 2 units. Water expense listed includes sewer as well. Floor plans for marketing purposes only, some rooms may be mislabeled. No floor plan for one of the two bedroom units.
  • Property ID: 90584

Listed by Commonwealth Standard Realty Advisors, Elizabeth Bain
Sold by Stuart St James, Inc., Suraj Tamrakar

Listing agent

— 159 E Central St —

  • Elizabeth Bain

    Commonwealth Standard Realty Advisors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 159 E Central St

School District:Franklin School District, Franklin, MA
NameGradesDistance
Helen Keller Elementary School
500 Lincoln Street, Franklin, MA 02038
K-52 mi
Annie Sullivan Middle School
500 Lincoln Street, Franklin, MA 02038
6-82 mi
Franklin High School, Franklin, MA
218 Oak Street, Franklin, MA 02038
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 159 E Central St

Date
Details
Price
Change
Source
1/06/2026
Sold
$1,087,500
-5.43%
MLS
10/01/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Commonwealth Standard Realty Advisors, Elizabeth Bain
Sold by Stuart St James, Inc., Suraj Tamrakar

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159 E. Central St., Franklin, MA 02038 (MLS# 73438457) is a Multi-Family property that was sold at $1,087,500 on January 06, 2026. Want to learn more about 159 E. Central St.? Do you have questions about finding other Multi-Family real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.