$1,500,000
374-378 Union St
Franklin, MA, 02038
374-378 Union Street is a three-story mixed-use building that contains six (6) units comprised of four (4), 2-Bedroom/1-Bathroom units and two (2), Commercial units. The Property is situated on a 0.23-acre parcel of land and features ten (10) on-site parking spaces at the rear of the Property. There is a limited supply of multi-family units in Norfolk County with a high demand for rental units. The Property is separately metered for electricity, heat and hot water, which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. The opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior. Pizza Shop has a new five year lease with one (1), 5-year option. The Lease calls for 3% annual rent increases throughout. The Print Shop’s rent is below market, offering upside. The opportunity exists to acquire a well-maintained property with significant upside in a desirable location.
Property Details
Price:
$1,500,000
MLS #:
73435816
Status:
Pending
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Sep 25, 2025
Finished Sq Ft:
6,276
Total Sq Ft:
6,276
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1900
Units:
6
Schools
Interior
Above Grade Finished Area
6276
Bathrooms
4 Full Bathrooms
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Lot Features
Other
Open Parking Spaces
10
Parking Features
Off Street
Parking Spots
10
Parking Total
10
Roof
Shingle
Stories
4
Financial
Tax Year
2025
Taxes
$11,395
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Franklin as of May 04, 2026
1
Multi Family Listed
221
Avg DOM
239
Avg $ / SqFt
$1,500,000
Avg List Price
Community
- Address374-378 Union St Franklin MA
- CityFranklin
- CountyNorfolk
- Zip Code02038
Subdivisions in Franklin
Similar Listings Nearby
Property Summary
- 374-378 Union St Franklin MA is a Multi Family for sale in Franklin, MA, 02038. It is listed for $1,500,000 To schedule a showing of MLS#73435816 at 374-378 Union St in Franklin, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Horvath & Tremblay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
374-378 Union St
Franklin, MA