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40 Freeman Street

Framingham, MA 01702
$1,250,000
12 Beds
4 Baths
4,176 Living Area
  • Property Description
    Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area's major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.
  • Highlights
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 8
    • Property Type: 4 Family
    • Total Rooms: 20
    • Status: Closed
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1887
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Total Number of Units: 4
    • Year Built Source: Public Records
    • Basement: Full, Unfinished
    • Flooring: Wood, Carpet
    • Interior Features: Living Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: G
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
    • Parking Features: Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $837,000
    • Tax Year: 2025
    • Total Rent: $8,350
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
    • Taxes: $9,994

Location

40 Freeman 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 eRealty Advisors, Inc.. 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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