Opportunity knocks at this well-located two-family offering a fantastic opportunity for investors or owner-occupants looking to build equity while enjoying the benefits of rental income. Offering 5 bedrooms total, spacious living areas and flexible floor plans, this property provides plenty of possibilities for today’s buyer. Each unit offers its own living space, kitchen and full bath, with separate utilities adding convenience for both owners and tenants. A detached one-car garage and shed provide additional storage, parking or potential rental value. Located just outside of the downtown area of Franklin, you’ll enjoy easy access to shopping, restaurants, major routes and the commuter rail to Boston. Town water and town sewer complete the package. Whether you’re looking to add to your investment portfolio, purchase your first multi-family, or live in one unit while generating income from the other, this home is an opportunity you won’t want to miss! Town water, sewer, oil and gas for utilities.
67 Alpine Place contains one (1) 4-Bedroom/2-Bathroom unit, one (1) 3-Bedroom/1-Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit, and one (1) 1-Bedroom/1-Bathroom unit with 3,666 square feet of gross living area in 5,754 square feet of gross area. The Property is situated upon a 0.32-acre parcel and features twelve (12) off-street parking spaces. Tenants are responsible for gas powered heat & hot water, as well as separately metered electricity. The Landlord is responsible for providing city water & sewer, which they pay directly. 67 Alpine Place is well positioned for regional connectivity, with access to Franklin’s commuter rail service, local bus options, and immediate proximity to Interstate 495. The Property is currently owner occupied. New ownership has the ability to hand pick new, reliable tenants and drive rental rates to the top of market. The opportunity exists to acquire a well-maintained asset with significant upside.
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.
Franklin is located in Massachusetts.
