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21 Days on market
56-A Franklin St Provincetown — Photo 1 of 24

56-A Franklin St Provincetown — Photo 1 of 24

Recent Drop: $100,000

$1,495,000
$1,395,000

$1,395,000

Investment Analysis — 56-A Franklin St

Provincetown, MA 02657

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 1-bedroom in 02657 carries an estimated $1,610/mo in gross rent — about a 0.57% cap rate and $7,928/yr in estimated NOI at the $1,395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

788

Style

Single Family

Built

1960

Tucked away on W. Franklin Street in Provincetown's desirable West End, this newly renovated single-family home offers a quiet setting just a short walk to Commercial Street and the Boatslip, with easy access to nearby beaches. The bright, open great room features vaulted ceilings and flows into an updated kitchen with quartz countertops and new appliances. The spacious bedroom accommodates a king-size bed, while the renovated bath features a walk-in shower. A slider opens to a private yard with outdoor seating and an enclosed outdoor shower, extending the living space outdoors. Ample private parking adds convenience. The Title V septic system is designed for two bedrooms, offering potential for future expansion, subject to applicable Town approvals. An inviting year-round home, Provincetown getaway, or investment opportunity in a sought-after West End location.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 394 sq ft (the lesser of 900 sq ft or half the 788 sq ft principal dwelling). Lot size: 4,318 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Property Details

Financials

Original Price$1,495,000
Annual Taxes$6,755

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingHeat Pump
CoolingHeat Pump
WaterPublic
SewerOther

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningRes3

Property & Lot

Acres0.1
SqFt Lot4,318
Lot FeaturesOther

Geography

Property History

Price Drop
$1,395,000

Was $1,495,000

Sep 11, 2026

MLS® 73567037

Listed
$1,495,000

Aug 22, 2026

MLS® 73567037

Listing Provided By

Listing Agent: Brett Holmes

Listing Office: Kinlin Grover Compass

MLS® Number: 73567037