Active
4 Days on market
305 South Franklin St Holbrook — Photo 1 of 37

305 South Franklin St Holbrook — Photo 1 of 37

$799,900

Investment Analysis — 305 South Franklin St

Holbrook, MA 02343

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 3-unit multi-family in 02343 carries an estimated $7,205/mo in gross rent — about a 6.74% cap rate and $53,932/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

4,598

Style

3 Family - 3 Units Up/Down

Built

1910

RARE find in Holbrook! Great opportunity in a prime Holbrook location! This incredibly spacious, hard to find 56' x 30' THREE FAMILY home sits on nearly an acre of land and boasts over 4,500 square feet of total living space!!! All 3 units have very generous living areas and each has its own IN-UNIT LAUNDRY AND WASHER & DRYERS ARE INCLUDED! 1st floor is HANDICAP ACCESSIBLE with entry ramp and widened doorways. The front to back layout features a modern kitchen with breakfast area open to the bay window dining room which opens to the front living room. There are two bedrooms and a full bath. The second floor is a six room, three-bedroom, 1 bath unit with modern wood cabinet kitchen, a modern tiled full bath and hardwood floors under the carpets (per the owner). The third floor is a 4 room, 1 bedroom, 1 bath unit with a modern wood cabinet kitchen, living room, den or dining room & modern full bath. This unit has newer vinyl plank flooring in the living areas. Roof was fully replaced in 2020 (per seller). The back stairway is extra wide for ease of access and moving furniture. There is a HUGE full basement offering plenty of storage space. Utilities are gas heat, hot water and cooking. Heat is FHA by gas and there is cool central AC in all three units! Outside you will find a 24' x 20' deck, fenced yard, storage shed, garden area, play area & a wooded area way outback. A most RARE opportunity to own this home, live in one unit and reap the income from the other two units or as a savvy real estate investment income property for your portfolio! Location is key: near public school, on the bus line and convenient to shops, restaurants & the commuter rail station. Don't miss out on this fine property! See you at the open house!!!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$799,900
Annual Taxes$11,778

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Vinyl, Carpet, Hardwood
BasementInterior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas, Common
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningR3

Property & Lot

Acres0.85
SqFt Lot36,830
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Laundromat • Highway Access • Public School • Sidewalks

Geography

Listing Provided By

Listing Agent: Jayden Barra

Listing Office: Todd A. Sandler REALTORS®

MLS® Number: 73580958