11 East St, Franklin, MA
$ 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


  • 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

AVG $40K
AVG $93,183
AVG 335
Year Built
AVG 1959
AVG 71
Data Provided by Walkscore ® not using MLS data