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Properties

  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
  • 338 Summer St, Franklin, Massachusetts, 12 Bedrooms Bedrooms, 29 Rooms Rooms,11 BathroomsBathrooms,Residential Income,For Sale,Summer St,73405071
Property Description

338 Summer Street consists of a three-story building, containing eleven (11) residential units comprised of two (2), 2-Bedroom/1 Bathroom units, seven (7), 1-Bedroom/1-Bathroom units, and two (2), Studio units with 6,248 square feet of living area in 10,722 total gross square feet. The Property is situated on a 1.00-acre parcel of land and features twenty (20) on-site parking spaces. The well-maintained property features upgrades to the common areas, including new carpet, paint, lighting and coin-operated washer and dryer machines. Additionally, seven (7) of the units have been renovated, including new kitchens, bathrooms, flooring, and paint. Current rents are below market rates and offer the opportunity to increase rents to market rates via lease renewals and programmatic updates to the unrenovated units. 338 Summer Street offers the opportunity to acquire a transit-oriented, well-maintained asset, that is poised for income growth.

Features
Parking:
Off Street, Paved Drive
Appliances:
Washer, Dryer
Construction:
Frame
Sewer:
Public Sewer
Water:
Private
Garage Parking
Lead Paint:
Unknown
Rent Fee Includes:
Unit 1(water), Unit 2(water), Unit 3(water)
Additional Information
Market Time:
22
Parking Spaces:
20
Tax Year:
2025
Status:
Closed
Price Per Sqft:
$323
Zoning:
SF3
No Units:
11
Orig Price:
$2,000,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Sold
Address Map
City:
Franklin
State:
MA
County:
Norfolk
Postal Code:
02038
Longitude:
W72° 36' 40.3''
Latitude:
N42° 4' 20.3''
  • Google Map

Residential Income

338 Summer St, Franklin, Massachusetts

12 Bedrooms
11 Total Bathrooms
6,248 Sqft
$2,000,000
Listing ID #73405071
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$2,000,000
Bedrooms :
12
Rooms :
29
Total Bathrooms :
11
Full Bathrooms :
11
Square Footage :
6,248 Sqft
Year Built :
1860
Lot Area :
1 Acre
Listing ID :
73405071
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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