Rare investment opportunity for both “house hacking” owner occupants and investors alike! This spacious 3-family has numerous highlights including: newer renovation on unit 1, separate utilities, 5 off-street parking spots, partially finished walkout basement, newer exterior paint, and great cash flow. All units are on leases totaling $3,600 with great payment history and room to grow income! This ideal location in the heart of Franklin is just steps away from Dean College, Del Carte Conservation Area, the commuter rail, and restaurants, providing high demand with great tenant prospects.
WOW! Great property with Excellent rental income & rental opportunity. 2 existing tenants are "tenant at will'. INVESTMENT PROPERTIES WITH GREAT CASH FLOW LIKE THIS, GOOD CONDITION, GREAT LOCATION, & SEPARATE UTILITIES GO REALLY QUICK right now in this market. HUGE UPSIDE ON CURRENT RENTS AND RENT VACANT UNIT OR MOVE INTO IT AS IT IS NEWLY RENOVATED! Property exterior was recently painted as well! Get your offers in quickly because this isn't going to last. OPEN HOUSE SUNDAY 7/19/15 FROM 12-1:30PM.
MLS PIN #30550907
Jan 29, 2002
Sold
$230,000
$110/sq ft
Nov 8, 2001
Listing Removed
—
Oct 10, 2001
Listed
$259,000
$124/sq ft
EXCELLENT INVESTOR OPPORTUNITY.3 FAMILY, WELL MAINTAINED, IN VERY GOOD CONDITION.1ST FLOOR IS NEWER, INCLUDES 3 STOVES AND 3 REFRIGERATORS. GREAT LOCATION.
Public Records
Jul 13, 1987
Sold
$139,900
$67/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,562 (−1.8%)
$202,200 + $239,900
$442,100
2022
$5,665 (+3.2%)
$182,100 + $221,100
$403,200
2021
$5,488 (+4.1%)
$170,900 + $203,700
$374,600
2020
$5,271 (+15.1%)
$197,200 + $166,100
$363,300
2019
$4,578 (+3.1%)
$167,600 + $144,700
$312,300
2018
$4,439 (+6.1%)
$174,200 + $128,800
$303,000
2017
$4,184 (−4.8%)
$164,300 + $122,700
$287,000
2016
$4,396 (+2.1%)
$177,400 + $125,800
$303,200
2015
$4,304 (+12.2%)
$153,000 + $137,000
$290,000
2014
$3,836 (−0.3%)
$128,500 + $137,000
$265,500
2013
$3,846 (+14.5%)
$131,200 + $137,000
$268,200
2012
$3,358 (+23.2%)
$132,600 + $112,000
$244,600
2011
$2,725 (+2.7%)
$139,500 + $70,900
$210,400
2010
$2,654 (−18.3%)
$132,100 + $88,500
$220,600
2009
$3,247
$147,700 + $143,000
$290,700
Tax history for 50 Ruggles St
Year
Property tax
Land + Additions
Assessment*
2023
$5,562 (−1.8%)
$202,200 + $239,900
$442,100
2022
$5,665 (+3.2%)
$182,100 + $221,100
$403,200
2021
$5,488 (+4.1%)
$170,900 + $203,700
$374,600
2020
$5,271 (+15.1%)
$197,200 + $166,100
$363,300
2019
$4,578 (+3.1%)
$167,600 + $144,700
$312,300
2018
$4,439 (+6.1%)
$174,200 + $128,800
$303,000
2017
$4,184 (−4.8%)
$164,300 + $122,700
$287,000
2016
$4,396 (+2.1%)
$177,400 + $125,800
$303,200
2015
$4,304 (+12.2%)
$153,000 + $137,000
$290,000
2014
$3,836 (−0.3%)
$128,500 + $137,000
$265,500
2013
$3,846 (+14.5%)
$131,200 + $137,000
$268,200
2012
$3,358 (+23.2%)
$132,600 + $112,000
$244,600
2011
$2,725 (+2.7%)
$139,500 + $70,900
$210,400
2010
$2,654 (−18.3%)
$132,100 + $88,500
$220,600
2009
$3,247
$147,700 + $143,000
$290,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,131
Year renovated
2022
Sq. Ft.
2,086
Year built
1927
Style
Multi-Family (2-4 Unit)
County
Norfolk County
APN
90362
Parking Spaces
12
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jul 18, 2022.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 12
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 13
Flooring: Wood, Vinyl, Varies
Interior Features: Storage, Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen, Dining Room, Sunroom
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 2,086
Foundation Details: Slab
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.12
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $5,488
Tax Year: 2021
Utilities
Utility Information
Utilities: for Gas Range, for Gas Oven
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: use GPS
UnparsedAddress: 50 Ruggles St, Franklin MA 02038
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,086
Stories: 2.0
Parking Spaces: 12
Basement: Yes
Accessible: No
Lot Size: 5,131 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1927
Year Renovated: 2022
County: Norfolk County
APN: 90362
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jul 18, 2022
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Annie Sullivan Middle School
Public 6-8 • Assigned • 1.8mi
8/10
Franklin High School
Public 9-12 • Assigned • 1.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
62% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Franklin, MA • 02038
Average low and high temperatures (°F)
34
20
36
21
51
32
61
41
69
50
81
61
85
66
80
60
75
55
65
45
52
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$722,000 – $874,000
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