
8 Alpine Place Franklin, MA 02038
Downtown Franklin NeighborhoodEstimated payment $4,284/month
Highlights
- Hot Property
- 4-minute walk to Franklin
- Deck
- Helen Keller Elementary School Rated A-
- Medical Services
- Property is near public transit
About This Home
ATTENTION CONTRACTORS AND INVESTORS - 4 Family Located in Downtown Commercial I Zoning OFFERS GREAT INVESTMENT POTENTIAL - This multi family includes 4 residential rental units - 3 car garage under and detached 2 car garage (20 X 24) for additional storage. Town Water - Town Sewer - Natural Gas - ALL RENTS ARE CURRENTLY WELL BELOW MARKET VALUE AND ARE ALL TAW - This property includes (2) Two Bedroom Units and (2) Studio Apartments - PROPERTY NEEDS UPDATING AND IS REFLECTED IN THE LIST PRICE - Roof , Heating System and Hot Water are all approximately 4 Years Old. This will not qualify FHA, or VA Loans due to condition. Property sold AS IS CONDITION. This property has tremendous potential as an income property or redevelopment potential. Current Assessment $ 773,500
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,988
Year Built
- Built in 1900
Lot Details
- 5,985 Sq Ft Lot
- Cleared Lot
Parking
- 3 Car Garage
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,594 Sq Ft Home
- Property has 1 Level
- Gas Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- 1 Cooling Zone
- 4 Heating Zones
Listing and Financial Details
- Assessor Parcel Number 90339
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 4 Units
- Net Operating Income $27,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,988 | $773,500 | $219,200 | $554,300 |
2024 | $8,418 | $714,000 | $219,200 | $494,800 |
2023 | $7,914 | $629,100 | $202,800 | $426,300 |
2022 | $8,634 | $614,500 | $182,700 | $431,800 |
2021 | $7,753 | $529,200 | $168,100 | $361,100 |
2020 | $7,658 | $527,800 | $197,800 | $330,000 |
2019 | $7,588 | $517,600 | $174,700 | $342,900 |
2018 | $7,583 | $517,600 | $174,700 | $342,900 |
2017 | $6,638 | $455,300 | $164,800 | $290,500 |
2016 | $5,639 | $388,900 | $178,000 | $210,900 |
2015 | $5,771 | $388,900 | $129,000 | $259,900 |
2014 | $5,620 | $388,900 | $129,000 | $259,900 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/04/2025 08/04/25 | For Sale | $650,000 | -- | $251 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $123,000 | Commercial | |
Previous Owner | $140,000 | Commercial | |
Previous Owner | $75,000 | Commercial |
About the Listing Agent

"Professional and knowledgeable" are two words to describe Christine. Her expertise in all phases of Real Estate offers her clients the added edge needed in today's fast paced market. Christine strives to educate and inform her clients throughout the entire buying and selling process to make the experience stress free. She has vast knowledge in all areas of residential sales, new construction, land development, commercial sales, investments, 1031 exchanges, estate sales, foreclosures,
Christine's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73413184

APN: FRAN-000279-000000-000242
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