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40 Freeman St, Framingham, MA

Framingham · MA 01702

$1,250,000
Price
12
Beds
4
Baths
4176
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1887
Units: 4 Units
Lot size: 7,841 Sq.Ft Lot
Price per square foot: $299 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

40 Freeman St, Framingham · MA 01702

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Framingham Commuter Rail 1 route 0.42 mi
    • Framingham/Worcester Line

Price Insight

Days on Market:
470 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$299
Tax Assessment:
$837,000 in 2025
Taxes:
$833 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,176 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4176
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
7,841 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Steve Leavey
Listing office
Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS PIN #
73380932