Sold!
$1,350,000
9
Beds
5
Baths
3,794
Living Area
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Property Description
This spacious and well-maintained five-family property is ideally located near Framingham State University and the commuter rail station, offering excellent rental potential. Featuring ample off-street parking and a two-car garage, this investment is both convenient and highly desirable. Two of the five units have been fully renovated. The property boasts vinyl siding, a newer roof, and updated electrical systems, including a landlord meter. All utilities are separately metered, and newer water heaters have been installed. The building consists of four two-bedroom units and one studio/one-bedroom unit, providing a diverse rental mix. Professionally managed and meticulously maintained, this is a true turn-key investment. Additionally, there is potential for redevelopment, with the possibility of constructing 9 to 12 condominium units. Don't miss this rare opportunity—schedule a showing today!
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Highlights
- Area: Framingham Center
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1877
- Heating: Forced Air, Natural Gas, Electric
- Parking Spots: 12
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 18
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher
- Construction: Frame
- Exterior Features: Rain Gutters
- Foundation: Stone, Granite
- Interior Features: Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Kitchen, Living Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: G
- Basement: Bulkhead, Dirt Floor
- Exclusions: All Of Owners Or Tenants Personal Property
- Flooring: Vinyl, Varies, Hardwood, Tile
- Foundation Area: 777
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,151,700
- Tax Year: 2024
- Total Rent: $10,100
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $14,350
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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 Keller Williams South Watuppa.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
