Address
11 East St, Franklin, MA
Price
$ 900,000
Property Attributes
- MLS#73152250
- TypeCommercial
- CountyNORFOLK
- CityFranklin
- Zip02038
- Style
- Year Built1880
- Taxes$ 5745
- Price$ 900,000
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2310
- Lot Size6,098 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Excellent Investment opportunity in Downtown Franklin for this mixed use Office/Residential building. Property generates a positive cash flow, is very well maintained and has a new one bedroom apartment, that is owner/occupied, on the 3rd level. Three year leases in place for tenants. Steel staircase on the back of the building for fire code and access to the apartment. Large open parking lot affords plenty of parking onsite. Gas steam boiler and laundry equipment in basement. Mini-splits used for heat and A/C on 2nd and 3rd levels. Easy access to MBTA Boston, restaurants, post office, Library and shops in downtown. Call for daily showings with notice. All showings will be after hours or on weekends as this property is owner occupied.
| Price History | |
|---|---|
| 8/24/2023 | Listed $900,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| City | Franklin |
| County | Norfolk |
| Directions | West Central St to East St, next to the Fire Station |
| Disclosures | Mixed Use - Commercial Office & Residential Apartment |
| Gross Income | 112200 |
| Home Warranty Y/N | No |
| Lease Type | Gross |
| Lot Size Square Feet | 6190 |
| Net Operating Income | 89179 |
| Operating Expense | 23021 |
| Property Type | Commercial Sale |
| Roof | Asphalt/Composition Shingles |
| Senior Community Y/N | No |
| Standard Status | Active |
| Status | Active |
| Street Name | East St |
| Tax Annual Amount | 5745 |
| Tax Lot | 009 |
| Tax Year | 2023 |
| Utilities | Public Water, Public Sewer, Natural Gas Available, 110 Volts |
| Waterfront Y/N | No |
| Year Built | 1880 |
| Zoning | C1 |
| Zoning Description | Legal Conforming |
Interior Features
| Total Baths | 3 |
|---|
Exterior Features
| Buyer Agent Compensation | 2 |
|---|---|
| Living Area | 2310 |
| Building Area Total | 2310 |
| Frontage Length | 113.00 |
| Lot Size Acres | 0.14 |
| Lot Size Area | 0.14 |
| Lot Size Units | Acres |
| Total Parking | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02038
Price
Taxes
Visits
Year Built
Walkscore
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