597 Union Ave
$1,375,000
3,794
Sqft
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$1,375,000
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
- Property Class: Commercial Sale
- Status: Active
- Parking Spots: 10
- Year Built: 1877
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Additional Details
- Roof: Shingle
- Zoning Description: Legal Conforming
- Zoning: G
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Fees / Taxes
- Tax Year: 2024
- Taxes: $14,350
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Listing information provided courtesy of RE/MAX Executive Realty.
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