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368 Concord Street

Framingham, MA 01702
$740,000
3 Beds
3 Baths
1,510 Living Area
  • Property Description
    Investing in a three-family home w/ easy access to the Boston train system is an opportunity ripe w/ potential. Not only does this location offer convenience for tenants commuting to Boston but it also promises steady rental income, a fundamental aspect of any sound investment strategy. With a total monthly rental income of $5,000, this property showcases its attractiveness as a lucrative investment avenue. The property is being conveyed w/ the tenants in place. The studio unit has a “property manager” in place, lease until 12/2024. The 1st floor one bedroom is on a lease until 2/2025 & the 2nd floor one bedroom would very much like to continue renting after being there for over 4+ years-although is a TAW. Nicely updated units w/ granite kitchens, and gas heat-all separate systems except water. Favorable attributes, investors can rest assured knowing that they are making a sound investment decision that promises both financial returns & long-term growth potential. Roof is older.
  • Highlights
    • Cooling: Window Unit(s)
    • Parking Spots: 6
    • Property Type: 3 Family
    • Year Built: 1882
    • Heating: Baseboard, Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 7
    • Status: Closed
  • Additional Details
    • Appliances: Microwave, Refrigerator
    • Construction: Frame
    • Exterior Features: Rain Gutters
    • Foundation: Stone
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Basement: Full, Interior Entry, Bulkhead, Concrete
    • Exclusions: 2nd Floor Unit Room Darkening Shades In Bedroom, Security Light Above Shed & Bird House On Shed
    • Flooring: Tile, Hardwood, Stone/Ceramic Tile
    • Interior Features: Crown Molding, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Walk-Up Attic, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: R1
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
    • Waerfront: Yes
    • Parking Features: Paved Drive, Off Street, Assigned
    • Waterfront Features: Waterfront, Beach Front, Pond, Direct Access, Public, Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Utilities
    • Electric: Fuses, Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $606,200
    • Compensation Based On: Net Sale Price
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
    • Taxes: $7,553
    • Buyer Agent Compensation: 2.0%
    • Facilitator Compensation: 2.0%
    • Tax Year: 2024
    • Total Rent: $5,000

Location

368 Concord Street, 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 Broad Sound Real Estate, LLC. 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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