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120 Franklin St

Framingham, MA 01702
$1,500,000
12 Beds
8 Baths
9,606 Living Area
  • Property Description
    Exceptional opportunity to acquire a fully leased 8-unit multifamily asset featuring a desirable mix of one-bedroom and two-bedroom units. Each unit has great layout, plenty of sunlight, and all bathrooms have tubs. This is ideally located in the travel hub of Framingham with easy access to 495, rt.s 9, 126, 135, the pike and it’s only a ½ mile from the Framingham/Worcester commuter rail stop. All units are currently rented with stable TAW tenancy in place, providing immediate cash flow for investors. The property has been well-maintained and offers strong upside potential through future rent increases and value-add improvements. This property offers a great blend of location, stability, and long-term growth potential.
  • Highlights
    • Cooling: Window Unit(s)
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1900
    • Heating: Baseboard, Natural Gas
    • Parking Spots: 4
    • Property Type: 5-9 Family
    • Total Rooms: 28
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Exclusions: Tenant Belongings
    • Interior Features: Living Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 8
    • Year Built Source: Public Records
    • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
    • Foundation: Stone
    • Lot Features: Level
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Cb
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
    • Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach
    • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,364,700
    • Tax Year: 2025
    • Total Rent: $12,900
    • Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
    • Taxes: $15,885

Location

120 Franklin St, Framingham, MA 01702

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of William Raveis R. E. & Home Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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