Sold
$2,020,000on October 8, 2025
Listed at $2,000,000 · +1.0% vs list
$2,000,000
Sold338 Summer St
Franklin, MA, 02038
Multi-Family · MLS #73405071
Sold $/sqft
$323
Sold in
Same day
Year built
1860
Lot size
1.00 ac
6,248 sq ft
Sq Ft
1.00 acres
Lot
1860
Year Built
Taxes: $14,535 (2025)
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.
Property details
- Road type
- Public
Listed by Jason Kulik · Horvath & Tremblay
This home has sold
Sold for $2,020,000on October 8, 2025
+1.0% vs list
Showings aren't available for this property, but Antonio Illas can find you homes like this one in Franklin that are still on the market.
Recently sold
