Prime 2-Family Investment – Updated, Income-Ready, and Walk-to-Everything. A rare opportunity for investors: this well-maintained 2-family home combines generous living spaces, desirable amenities, and recent updates for strong rental appeal and minimal upkeep. Both apartments feature spacious 2-bedroom layouts with walk-in closets and updated baths, making them easy to rent and retain quality tenants. The first-floor unit offers added value with a white eat-in kitchen, in-unit laundry, and a flexible bonus room/office. Each unit includes a spacious sun deck, while tenants also enjoy access to a private yard and off-street parking—all highly attractive features in today’s rental market. Major improvements are already done: updated electric services, recent gas boilers, and a new roof (2017). An unfinished walk-out basement provides convenient storage & easy utility access. The unbeatable walk-to-town, parks, & commuter rail location. Offer Accepted on Sat. OPEN HOUSE CANCELLED.
Sold for $600,000 on 11/03/25
$600,000
186 School St, Franklin, MA 02038
4beds
2,081sqft
Multi Family
Built in 1880
-- sqft lot
$600,200 Zestimate®
$288/sqft
$2,830 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 06:25pm
Listed by:
Team Gratitude,
Berkshire Hathaway HomeServices Page Realty
Bought with:
Evan Fisch
Boston's Preferred Properties, Inc.
Source: MLS PIN,MLS#: 73428609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Steam, Natural Gas
Cooling
- None
Appliances
- Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Remodeled, Living Room, Kitchen, Office/Den
- Flooring: Wood, Carpet
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,081
- Total interior livable area: 2,081 sqft
- Finished area above ground: 2,081
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 0.38 Acres
- Features: Wooded, Level
Details
- Parcel number: M:278 L:158,91136
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, T-Station
Location
- Region: Franklin
HOA & financial
Other financial information
- Total actual rent: 3490
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Estimated market value
$600,200