62-64 Pearl St
$945,000
7
Beds
4
Baths
3,384
Sqft
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$945,000
7
Beds
4
Baths
3,384
Living Area
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Property Description
Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail.
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Highlights
- Heating: Natural Gas
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 14
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
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Additional Details
- Basement: Full, Unfinished
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: 3-fam
- Flooring: Tile, Laminate
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Shared Driveway, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $876,000
- Tax Year: 2026
- Total Rent: $7,500
- Rental Fee Includes: Unit 2(Water), Unit 3(Water)
- Taxes: $10,636
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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 Commonwealth Standard Realty Advisors.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.