Multi Family at 15 Mccarthy St, Franklin MA 02038, Franklin
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35 photos

$624,990

15 Mccarthy St, Franklin MA 02038
Franklin, MA 02038
Listed by Ana Loja
Bedrooms
5
Bathrooms
2
Living area
1,729 sqft
Year built
1900

About this home

Attention first-time homebuyers and investors! Fantastic opportunity in Franklin! This two-family property offers the flexibility to live in one unit while generating rental income from the other. Featuring a total of 5 bedrooms and 2 full bathrooms, each unit offers its own kitchen, living area, full bath, and separate utilities. Both units will be delivered vacant at closing, giving the new owner the flexibility to occupy one or both units, select their own tenants, and establish new rental terms. Additional features include a detached garage, extra storage, and off-street parking. The spacious rear portion of the property offers additional possibilities, including potential for an Accessory Dwelling Unit (ADU). Enjoy a convenient location near schools, Downtown Franklin, shopping, restaurants, major routes, and just minutes from the Franklin commuter rail station with service to Boston. Municipal water and sewer. Whether you're looking to purchase your first home, generate rental income, or expand your investment portfolio. Don't miss this incredible opportunity to own a two-family property in Franklin-schedule you showing today!

Property details

MLS #
73586901
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 6, 2026
Stories
2
Total bathrooms
2
Garage spaces
1
Parking spaces
5
Lot size
0.19 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Oak Street Elementary
0.75 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
373
Student:teacher ratio
13.3:1
District
Franklin
Middle
Horace Mann
0.75 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
364
Student:teacher ratio
9.6:1
District
Franklin
High
Franklin High
0.92 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,673
Student:teacher ratio
14.4:1
District
Franklin

Walkability

Blended score for Franklin's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
92 / 100
Restaurants & cafes20
Grocery stores3
Parks8
Schools14
Transit stops2
Pharmacies4

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,914/mo
$124,998 down
$499,992 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.