338 Summer St, Franklin, MA 02038

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
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338 Summer St,Franklin, MA 02038
$2,000,000
  • 12 Beds
  • 11 Baths
  • 6,248 sq. ft.
  • Multi-family
  • Active
Listed by:jason kulik
Office:horvath & tremblay
MLS#:73405071
Source:MLSPIN

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$320.1

About this home

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.

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Home facts

  • Year built:1860
  • Listing Id #:73405071
  • Updated:August 05, 2025 at 10:30 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:11
  • Full bathrooms:11
  • Living area:6,248 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1860
  • Building area:6,248 sq. ft.
  • Lot area:1 Acres

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$320.1
  • Tax amount:$14,535 (2025)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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