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Active Under Contract

21 Franklin Street, Woburn MA 01801

$949,000

Estimated $2,039.97/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $316,333.33

Total Rent: 40200/year

Estimated CAP Rate: 3.60%

5 Bedrooms

3 Full, 1 Half Baths

2,720 SqFt

Total Parking: 6

7,015 SqFt

This one-of-a-kind three-family home is ideal for an owner-occupant or a savvy investor seeking strong rental potential. The largest unit spans two floors and features three spacious bedrooms, hardwood floors, abundant natural light, and in-unit laundry—ready for new tenants or an owner to move right in. The lower-level unit offers a generous layout with great flexibility, while the second-floor unit includes two private decks perfect for outdoor relaxation. Units 2 and 3 share laundry facilities. Enjoy a fully fenced backyard, providing privacy and space for entertaining or pets. Conveniently located near shops, dining, and major routes, this property offers comfort, versatility, and long-term value.

This home has been viewed 17 times

Last Checked: November 26th, 2025 at 8:38am (Source: MLS PIN #73454574)

Gross Income: $40,200

Gross Expenses: $6,014

Net Income Calc: $34,186

CAP Rate: 3.60%

Annual Expenses for 21 Franklin Street, Woburn MA 01801

Total Gross Expenses (Calculated)$6,014/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,014

Annual Income & Unit Breakdown for 21 Franklin Street, Woburn MA 01801

Total Gross Income (Calculated)$40,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesHot Water, Water, Hot Water), Unit 2(heat, Other (see Remarks)), Unit 3(heat

Unit 2

Rental Income$1,750

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water, Water, Hot Water), Unit 2(heat, Other (see Remarks)), Unit 3(heat

Unit 3

Rental Income$1,600

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesHot Water, Water, Hot Water), Unit 2(heat, Other (see Remarks)), Unit 3(heat

General Information for 21 Franklin Street, Woburn MA 01801

Listing ID73454574

Property TypeMulti Family / 3 Family

Price$949,000 ($348.9/SqFt)

Style3 Family

CityWoburn

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,720 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking6

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpaceDeck, Patio

ZoningR-2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 21 Franklin Street, Woburn MA 01801

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$70,000

Total Net Income By Broker$70,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 21 Franklin Street, Woburn MA 01801

Real Estate Taxes$6,014

Tax Year2025

Assessed Value$704,200

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$70,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$70,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.60%

Location Information for 21 Franklin Street, Woburn MA 01801

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Public Transportation

Contact Information for 21 Franklin Street, Woburn MA 01801

Agent

Name: Olubunmi Okoya

Office

Name: Engel & Volkers Boston

Phone: 617-936-4194

Payment Calculator

, Interest

Property Taxes 501.17

Principal & Interest 5847.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Engel & Volkers Boston

Olubunmi Okoya

Agent Phone

Office Phone

(617) 936-4194

Text Agent Call Agent Call Office

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EXIT

Active Under Contract

21 Franklin Street, Woburn MA 01801

$949,000

Annual Expenses for 21 Franklin Street, Woburn MA 01801

Annual Income & Unit Breakdown for 21 Franklin Street, Woburn MA 01801

General Information for 21 Franklin Street, Woburn MA 01801

Disclosures for 21 Franklin Street, Woburn MA 01801

Financial Information for 21 Franklin Street, Woburn MA 01801

Location Information for 21 Franklin Street, Woburn MA 01801

Contact Information for 21 Franklin Street, Woburn MA 01801

Agent

Office

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Exclusive Listing Agent

Engel & Volkers Boston

Olubunmi Okoya