Exceptional opportunity for investors, developers, or multigenerational living in a convenient Woburn location just moments from vibrant downtown shops, restaurants, and commuter routes. Lovingly maintained by the same owners for many years, this well-cared-for two-family home sits on an expansive nearly 18,000 sq. ft. lot with ample off-street parking for 8+ vehicles. Each unit offers 2 bedrooms, presenting flexible living and investment possibilities. Buyers may explore options such as multigenerational living with separate spaces for extended family, conversion to a spacious single-family residence with potential ADU possibilities, or redevelopment opportunities subject to approvals by the City of Woburn. The oversized lot and prime location create exciting potential for those seeking long-term value, rental income, or future expansion opportunities. A rare offering with versatility, land, and convenience all in one.
This home has been viewed 21 times
Last Checked: May 21st, 2026 at 5:53am (Source: MLS PIN #73518592)
Gross Income: $30,600
Gross Expenses: $5,860
Net Income Calc: $24,740
Water Views
Annual Expenses for 22 Franklin St, Woburn MA 01801
Total Gross Expenses (Calculated)$5,860/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5860
Annual Income & Unit Breakdown for 22 Franklin St, Woburn MA 01801
Total Gross Income (Calculated)$30,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 22 Franklin St, Woburn MA 01801
Listing ID73518592
Property TypeMulti Family
Price1099000 ($494.38/SqFt)
StyleMulti Family
CityWoburn
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2223
Approximate Lot Size (Acres)0.41
Total Parking8
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 22 Franklin St, Woburn MA 01801
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsWasher/Dryer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 22 Franklin St, Woburn MA 01801
Real Estate Taxes5860
Tax Year2026
Assessed Value$686,200
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 22 Franklin St, Woburn MA 01801
Middle SchoolWoburn Middle School
High SchoolWoburn High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 22 Franklin St, Woburn MA 01801