243 Union Street, Franklin, MA 02038 - Photo 1

1/1

$649,900

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.13 Acres

1/1

Property Description

Exceptional Investment Opportunity in Prime Franklin Location!Discover this well-maintained, income-generating property minutes from the train station and Dean College!. These spacious apartments boast an open floor plan, a strong rental history, and ample off-street parking-an uncommon find so close to transit.The large basement includes generous storage space and option to add coin-operated laundry facilities, enhancing tenant appeal and boosting rental potential. With efficient town water and sewer services, operating costs remain predictable, supporting consistent positive cash flow.Recent cosmetic updates include vinyl siding and replacement windows-ensure a turnkey experience for both tenants and owners. Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent the others, this is a rare chance to enter the Franklin market with confidence.

Full Property Details

Full Property Details for 243 Union St

General

Sold For: $649,900
Taxes: $6,626 (2024)
Status: Closed
Type: Multi-Family
MLS ID: 73396651
Added to Site: 237 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Parking

Parking Features: Off Street, Common, Stone/Gravel

Location

County: Norfolk

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 2,000
Year Built: 1900

Lot Features

Lot Size (Acres): 0.13

Financial Considerations

Tax Amount: $6,626
Tax Year: 2024

Disclosures and Reports

Exclusions: Washer And Dryer In Basement And All Tenant Personal Belonging!
Disclosures/Rstr.: Town lists home as a 2 family. 3rd floor is finished with bathroom, den/bedroom. Square footage is approximate and should be verified by buyer/buyer agent. Washer and Dryer in basement owned by tenants.
Property ID: 90109

Listed by Berkshire Hathaway HomeServices Evolution Properties, Elizabeth G. Schultz
Sold by Escalate Real Estate, Audra Stevens

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Listing agent

— 243 Union St —

Elizabeth G. Schultz

Berkshire Hathaway HomeServices Evolution Properties

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Schools

Schools serving 243 Union St

School District:Franklin School District, Franklin, MA

Name	Grades	Distance
Helen Keller Elementary School 500 Lincoln Street, Franklin, MA 02038	K-5	2 mi
Annie Sullivan Middle School 500 Lincoln Street, Franklin, MA 02038	6-8	2 mi
Franklin High School, Franklin, MA 218 Oak Street, Franklin, MA 02038	9-12	0.9 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 243 Union St

Date

Details

Price

Change

Source

9/19/2025

Sold

$649,900

—

MLS

6/25/2025

Listed

$649,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
3
Total Baths
3,570
Sq. Ft.

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Open House

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Total Baths
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Condo
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Just Listed

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Open House

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4
Beds
3
Total Baths
3,000
Sq. Ft.

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Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
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Price Reduced

-$75,000 (-13.64%)

$475,000

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Multi-Family
Active
Updated 8 hours ago

2
Units
5
Total Beds
1.7
Acres

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Beds
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Total Baths
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-$100 (-5%)

$1,900

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Sold

$600,000

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Multi-Family
Closed

2
Units
4
Total Beds
0.38
Acres

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Sold

$628,500

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Single Family
Closed

3
Beds
2
Total Baths
1,720
Sq. Ft.

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Sold

$650,000

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Condo
Closed

3
Beds
2
Total Baths
1,728
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Sold

$725,000

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Condo
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3
Beds
2
Total Baths
1,612
Sq. Ft.

243 Union Street, Franklin, MA 02038 (MLS# 73396651) is a Multi-Family property that was sold at $649,900 on September 19, 2025. Want to learn more about 243 Union Street? 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.

243 Union St Franklin, MA 02038