Sold

597 Union Ave, Framingham, MA

Framingham · MA 01702

$1,350,000
Price
9
Beds
5
Baths
3794
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1877
Units: 5 Units
Lot size: 0.37 Acre Lot
Price per square foot: $362 / Sq.Ft
Parking: 2 Garage Spaces · 10 Off Street Spaces

About this home

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!

Neighborhood & Transit

Framingham Center

597 Union Ave, 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:
512 days
Listing Price:
$1,375,000
Price per Sq.Ft:
$362
Tax Assessment:
$1,151,700 in 2024
Taxes:
$1,196 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,794 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3794
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
16,204 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
10 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
Robert Brown
Listing office
REMAX Executive Realty
MLS PIN #
73345668
Disclosure
Unit #4 is currently being renovated. The $2,200 rent is projected