338 Summer St Franklin, MA 02038
Property details
About 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.
Highlights
(New)
Summary
- Full Bathrooms: 11
- Appliances: Washer, Dryer
- Total Bedroom Count: 12
- Parking: Paved Drive, Off Street
- List Price: $2,000,000
- Price/SqFt: $320
- Annual Tax Amount: $14,548
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Please use GPS
- Year Built: 1860
- Stories: 3
- Living Area: 6,248 SqFt
- Lot Size: 1 Acres
- MLS Number: 73405071
- MLS Name: MLS Property Information Network
- Office Name: Horvath & Tremblay
- Office Phone: (781) 776-4000
- Listing Agent: Jason Kulik
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 10:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 14, 2022 | Home Sold | $1,270,000 |
| Jul 29, 2011 | Home Sold | $565,000 |
| Apr 24, 2001 | Home Sold | $335,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,233,900 | $14,548 |
| 2023 | $906,700 | $11,406 |
| 2022 | $906,700 | $12,739 |
| 2021 | $760,100 | $11,135 |
| 2020 | $758,100 | $11,000 |
| 2019 | $743,500 | $10,900 |
History based on county public records data.
Nearby schools
7
Gerald M. Parmenter Elementary School
Public District KG-5
0.4 mi
•235 Wachusett St
7
Oak Street Elementary School
Public District KG-5
1.6 mi
•224 Oak St
7
Jefferson Elementary School
Public District KG-5
2.0 mi
•628 Washington St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $120,430. Residents of Franklin, MA typically earn between $100k-200k each year. Most families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Buick
What do the neighbors listen to?
Adult Hits
Oldies
Country
Frequently asked questions
About 338 Summer St
The listing price of 338 Summer St property is $2,000,000.
The property 338 Summer St is a multi located in Franklin, Massachusetts, 02038.
Active Listing: 338 Summer St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 338 Summer St are: Gerald M. Parmenter Elementary School (GreatSchools Rating 7/10), Oak Street Elementary School (GreatSchools Rating 7/10), Jefferson Elementary School (GreatSchools Rating 7/10), Horace Mann Middle School (GreatSchools Rating 6/10), Benjamin Franklin Classical Charter Public School (GreatSchools Rating 7/10), Remington Middle School (GreatSchools Rating 6/10), Franklin High School (GreatSchools Rating 8/10), Tri-County Regional Vocational Technical (GreatSchools Rating 7/10), King Philip Regional High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $14,548 (source: MLS/based on county public records data).
The last sale was on October 14, 2022 for $1,270,000 (source: MLS/tax record).
The property 338 Summer St is 6,248 SqFt (source: MLS/tax record).
The year of construction for 338 Summer St is 1860.
This home is located at 338 Summer St in Franklin, MA and zip code 02038. This 6,248 square foot home, which was built in 1860, sits on a 1.00 acre lot. Features: 12 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $2,000,000.
Franklin, MA housing market in June 2025 saw over 27 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. Between May and June 2025, Franklin, MA real estate market has seen decrease in the number of listings by 9.5%. Listings spent 16 days on the market in June 2025, and had a median list price of $663,500 during the same period.