Rare opportunity to own a HUGE 2 family in Stoneham for owner occupant & investor alike! Each unit has 3 beds & 1 bath with front & back enclosed porches. Both units feature bright white kitchens with stainless appliances, quartz countertops & maple shaker cabinets. Modern bathrooms, fresh paint, refinished hardwood floors & plenty of large windows really make these units pop. Plenty of storage in basement, garage & attic. Unfinished attic runs length of the home & is ready to be finished for additional living space for the second unit or potentially a 3rd unit. Featuring a horseshoe wrap around driveway & 2 car garage. Brand new Navien combo heats the second floor while the first has a brand new gas furnace. Two sets of laundry hookups in the basement and one set on the 2nd floor. Walking distance to Stoneham High, short drive to multiple train stations, zoo, park, highway & downtown shopping & restaurants.
This home has been viewed 46 times
Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73095247)
Gross Income: $38,400
Gross Expenses: $7,216
Net Income Calc: $31,184
Annual Expenses for 115 Franklin St, Stoneham MA 02180
Total Gross Expenses (Calculated)$7,216/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7216
Annual Income & Unit Breakdown for 115 Franklin St, Stoneham MA 02180
Total Gross Income (Calculated)$38,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 115 Franklin St, Stoneham MA 02180
Listing ID73095247
Property TypeMulti Family / 2 Family
Price949900 ($327.21/SqFt)
Style2 Family - 2 Units Up/down
CityStoneham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2903
Approximate Lot Size (Acres)0.16
Total Parking10 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 115 Franklin St, Stoneham MA 02180
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsGenerator
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 115 Franklin St, Stoneham MA 02180
Real Estate Taxes7216
Tax Year2023
Assessed Value$650,100
Financial Data Source
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 115 Franklin St, Stoneham MA 02180
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 115 Franklin St, Stoneham MA 02180