Three-Unit Multifamily
For Sale
$279,000
Pending
2 Franklin St, Shelburne Falls, MA 01370
Multifamily property with one vacant unit and two occupied units.
Property Size3,584 SF
Days on Market112
Property Features for 2 Franklin St
General Information
Standard status
Pending
Size
3,584 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
there is work to be done
Additional Details
Road Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,880
Building Details
Buildings
1
Listing Agency:
Alliance Partners Real Estate LLC
(413) 427-8662
Listed By:
Donna Wesoloski
(413) 427-8662
Source:
Exprealty
Added: May 11
Changed: Aug 29
Last Checked: Aug 29 at 8:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alliance Partners Real Estate LLC
Investment Insights
Based on property information with market context.
This three-unit residential property dates to the 1870's and contains 3,584 square feet. The offering is sold as is, where is, with work remaining due to the building's age. Improvements include replacement windows installed prior to 2009, a maintained slate roof, a second egress, and updated mechanical equipment. The second-floor two-bedroom unit has laundry hookups and an enclosed porch, while additional laundry hookups are located in the basement.
The property occupies the corner of Franklin and Ashfield Streets in Shelburne Falls, near the Bridge of Flowers, Berkshire East, and Zoar Outdoors. One unit is vacant and two are occupied. The building includes one hot water oil boiler, two hot air oil furnaces serviced annually, and three oil tanks installed on concrete pads in 2017. Three electric hot water heaters were added in 2021. Tenants pay heat and electricity; the owner handles weekly mowing, plowing, and dumpster service.
The property occupies the corner of Franklin and Ashfield Streets in Shelburne Falls, near the Bridge of Flowers, Berkshire East, and Zoar Outdoors. One unit is vacant and two are occupied. The building includes one hot water oil boiler, two hot air oil furnaces serviced annually, and three oil tanks installed on concrete pads in 2017. Three electric hot water heaters were added in 2021. Tenants pay heat and electricity; the owner handles weekly mowing, plowing, and dumpster service.
Key Highlights
- 3,584 SF multifamily building dating to the 1870's
- Three units; one vacant and two occupied
- Second‑floor 2‑bedroom unit includes laundry hookups and an enclosed porch
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 01370, MA
3,932
Population
1,945
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
95%
High-School Grad
48.2 sq mi
ZIP Area
82
Density / Sq Mi
$76,715
Median Household Income
$39,367
Median Earnings
$1,057
Median Rent
$334,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with one vacant unit and two occupied units.
Where is this triplex located?
The property is located at 2 Franklin St Shelburne Falls, MA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 3,584 SF multifamily building dating to the 1870's; Three units; one vacant and two occupied; Second‑floor 2‑bedroom unit includes laundry hookups and an enclosed porch
