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.
Sold for $1,087,500
$1,087,500
159 E Central St, Franklin, MA 02038
10beds
3,844sqft
5+ Family - 5+ Units Up/Down
Built in 1850
-- sqft lot
$-- Zestimate®
$283/sqft
$2,723 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,723/mo
Zestimate® history
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$6,733/mo
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Zillow last checked:
Listing updated:
Listed by:
Elizabeth Bain 508-954-1935,
Commonwealth Standard Realty Advisors 617-286-6855
Bought with:
Suraj Tamrakar
Stuart St James, Inc.
Source: MLS PIN,MLS#: 73438457
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Features
- Flooring: Vinyl, Carpet
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,844
- Total interior livable area: 3,844 sqft
- Finished area above ground: 3,844
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 6
Lot
- Size: 6,815 sqft
Details
- Parcel number: 90584
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame, Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
Location
- Region: Franklin
HOA & financial
Other financial information
- Total actual rent: 7650
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listing removed | $2,999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Listed for rent | $2,999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/6/2026 | Sold | $1,087,500-5.4%$283/sqft |
Source: MLS PIN #73438457 Report a problem | ||
| 11/2/2025 | Contingent | $1,150,000$299/sqft |
Source: MLS PIN #73438457 Report a problem | ||
| 10/2/2025 | Listed for sale | $1,150,000-20.7%$299/sqft |
Source: MLS PIN #73438457 Report a problem | ||
| 3/17/2025 | Listing removed | $1,450,000$377/sqft |
Source: MLS PIN #73329622 Report a problem | ||
| 1/27/2025 | Listed for sale | $1,450,000+396.6%$377/sqft |
Source: MLS PIN #73329622 Report a problem | ||
| 8/22/2007 | Sold | $292,000+6.2%$76/sqft |
Source: Public Record Report a problem | ||
| 3/16/2001 | Sold | $275,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,747 +9.6% | $666,700 +11.2% |
| 2024 | $7,066 +6.8% | $599,300 +14% |
| 2023 | $6,616 -10.5% | $525,900 |
| 2022 | $7,389 +18% | $525,900 +23.1% |
| 2021 | $6,260 +1.2% | $427,300 +0.3% |
| 2020 | $6,183 +0.9% | $426,100 +2% |
| 2019 | $6,126 +0.1% | $417,900 |
| 2018 | $6,122 +14.2% | $417,900 +13.7% |
| 2017 | $5,361 +17.7% | $367,700 +17.1% |
| 2016 | $4,553 -2.3% | $314,000 |
| 2015 | $4,660 +2.7% | $314,000 |
| 2014 | $4,537 +9.4% | $314,000 +8.5% |
| 2013 | $4,149 +3.1% | $289,300 -1.3% |
| 2012 | $4,026 +2.8% | $293,200 -3.1% |
| 2011 | $3,917 +1.1% | $302,500 -6.1% |
| 2010 | $3,874 +7.7% | $322,000 |
| 2009 | $3,597 -5.6% | $322,000 -13.5% |
| 2008 | $3,810 +0.6% | $372,400 -12.9% |
| 2007 | $3,788 -1.8% | $427,500 |
| 2006 | $3,856 +0.5% | $427,500 +2.2% |
| 2005 | $3,835 +7.7% | $418,200 +29.7% |
| 2004 | $3,560 +13.9% | $322,500 +14.2% |
| 2003 | $3,126 +0.1% | $282,400 +16% |
| 2001 | $3,122 +8.4% | $243,500 +20.1% |
| 1997 | $2,880 | $202,700 |
Find assessor info on the county website
Neighborhood: 02038
Nearby schools
GreatSchools rating
- 8/10ParmenterGrades: K-5Distance: 0.7 mi
- 7/10Annie Sullivan Middle SchoolGrades: 6-8Distance: 2 mi
- 9/10Franklin High SchoolGrades: 9-12Distance: 1.3 mi
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- Massachusetts
- Norfolk County
- Franklin
- 02038
- 159 E Central St
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