A rare investment opportunity in desirable Franklin! This well-maintained 3-family offers flexibility for investors and owner-occupants alike. Live in one unit while generating income from the others, or maximize cash flow by leasing all three units. The first and second floor units each feature 3 bedrooms and 1 full bath, while the third floor offers a studio-style layout. Unit 1 is vacant and ready for immediate occupancy; Unit 2 is leased at $2,000/month; Unit 3 is leased at $900/month (TAW). Additional highlights include hardwood floors, off-street parking, low-maintenance vinyl siding, newer roof, and updated mechanicals including oil tanks, boiler, and hot water heater. A turn-key opportunity with strong income potential.
This home has been viewed 10 times
Last Checked: July 2nd, 2026 at 7:33am (Source: MLS PIN #73525735)
Gross Income: $34,800
Gross Expenses: $7,569
Net Income Calc: $27,231
Annual Expenses for 44 Winter St, Franklin MA 02038
Total Gross Expenses (Calculated)$7,569/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7569
Annual Income & Unit Breakdown for 44 Winter St, Franklin MA 02038
Total Gross Income (Calculated)$34,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 44 Winter St, Franklin MA 02038
Listing ID73525735
Property TypeMulti Family / 3 Family
Price872900 ($373.51/SqFt)
Style3 Family - 3 Units Up/down
CityFranklin
CountyNorfolk
Neighborhood(s)
Approximate Living Area Total2337
Approximate Lot Size (Acres)0.22
Total Parking6
Garage Parking0
Year Built1900
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 SpaceCovered
ZoningSF IV
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 44 Winter St, Franklin MA 02038
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Projector
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 44 Winter St, Franklin MA 02038
Real Estate Taxes7569
Tax Year2025
Assessed Value$651,400
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 44 Winter St, Franklin MA 02038
Elementary SchoolWashington St Complex
Middle SchoolFranklin Middle School
High SchoolFranklin High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 44 Winter St, Franklin MA 02038
Agent
Name: Danielle McCarthy
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate