NEW ROOF to be INSTALLED on Saturday 5/4. Introducing a fantastic opportunity in Franklin. This 2 family home offers an ideal investment w/seperate utilities both w/updates & amenities. The 1st floor unit is a spacious 3 bedroom, complete w/1.5 baths, eat-in kitchen w/granite, plenty of cabinets & hardwood floors. This unit also has exclusive use to basement & the 1 car garage perfect for storage.The 2nd unit upstairs offers 2 bedrooms, 1 full bathroom, Kitchen w/granite & spacious living room w/plenty of closets. Both units offer private in-unit laundry & access to the backyard perfect for entertaining & enjoying some private outdoor space. Each unit conveys with the added benefit of having tenants already in place allowing immedate rental income. The current tenants are on lease agreements through 8/31/25 providing a stable transition to the next buyer. Don't miss this incredible investment opportunity. Convenient location to downtown, train, shops, restuarants, Dean College & more!
This home has been viewed 81 times
Last Checked: May 10th, 2024 at 12:26am (Source: MLS PIN #73227284)
Gross Income: $59,400
Gross Expenses: $11,371
Net Income Calc: $48,029
Water Views
Annual Expenses for 90 Dean Ave, Franklin MA 02038
Total Gross Expenses (Calculated)$11,371/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6171
Annual Income & Unit Breakdown for 90 Dean Ave, Franklin MA 02038
Total Gross Income (Calculated)$59,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 90 Dean Ave, Franklin MA 02038
Listing ID73227284
Property TypeMulti Family
Price669899 ($304.22/SqFt)
StyleMulti Family
CityFranklin
CountyNorfolk
Neighborhood(s)
Approximate Living Area Total2202
Approximate Lot Size (Acres)0.24
Total Parking7 (1 Garage)
Garage Parking1
Year Built1880
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR -2 Famil
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 90 Dean Ave, Franklin MA 02038
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBar Top In Shed Is Custom And Is Not Included
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 90 Dean Ave, Franklin MA 02038
Real Estate Taxes6171
Tax Year2024
Assessed Value$523,400
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 90 Dean Ave, Franklin MA 02038
Elementary SchoolKeller
Middle SchoolAsms
High SchoolFhs Or Tri
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 90 Dean Ave, Franklin MA 02038