Sold
368 Concord St, Framingham, MA
Framingham · MA 01702
- $740,000
- Price
- 3
- Beds
- 3
- Baths
- 1510
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1882
Units:
3 Units
Lot size:
9,888 Sq.Ft Lot
Price per square foot:
$516 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
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.
Neighborhood & Transit
368 Concord St, Framingham · MA 01702
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 944 days
- Listing Price:
- $779,900
- Price per Sq.Ft:
- $516
- Tax Assessment:
- $606,200 in 2024
- Taxes:
- $629 / Monthly
Home Facts
Interior Features
- Bedrooms
- 3
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 1,510 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1510
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Fuses, Circuit Breakers
Exterior Features
- Lot Size
- 9,888 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Stone
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Diane Sullivan
- Listing office
- Coldwell Banker Realty - Framingham
- MLS PIN #
- 73220204
- Disclosure
- Window AC units are tenant owned, main house roof is older, studio roof has recently been replace - Washer/dryer is common in the basement, 1st floor one bedroom tenant has direct access, other 2 units have access through covered bulk head.
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