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338 Summer St, 
Franklin, MA 02038

$2,000,000

12

Beds

11

Baths

6,248

Sq Ft

Multi-Family

Active

Listed by

Jason Kulik

, 

Sam Peck

Horvath & Tremblay

781-776-4000

Last updated:

July 20, 2025, 10:26 AM

MLS#

73405071

Source:

MLSPIN

About This Home

338 Summer St

338 Summer Street consists of a three-story building, containing eleven (11) residential units comprised of two (2), 2-Bedroom/1 Bathroom units, seven (7), 1-Bedroom/1-Bathroom units, and two (2), Studio units with 6,248 square feet of living area in 10,722 total gross square feet. The Property is situated on a 1.00-acre parcel of land and features twenty (20) on-site parking spaces. The well-maintained property features upgrades to the common areas, including new carpet, paint, lighting and coin-operated washer and dryer machines. Additionally, seven (7) of the units have been renovated, including new kitchens, bathrooms, flooring, and paint. Current rents are below market rates and offer the opportunity to increase rents to market rates via lease renewals and programmatic updates to the unrenovated units. 338 Summer Street offers the opportunity to acquire a transit-oriented, well-maintained asset, that is poised for income growth.

Home Facts

Multi-Family

11 Baths

12 Bedrooms

Built in 1860

Price Summary

2,000,000

$320 per Sq. Ft.

MLS #:

73405071

Last Updated:

July 20, 2025, 10:26 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

11

Full Bathrooms:

11

Interior

Living Area:

6,248 Sq. Ft.

Structure

Structure

Building Area:

6,248 Sq. Ft.

Year Built:

1860

Lot

Lot Size (Sq. Ft):

43,560

Finances & Disclosures

Finances

Price:

$2,000,000

Price per Sq. Ft:

$320 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.