For Sale
62-64 Pearl St, Framingham, MA
Framingham · MA 01702
- $945,000
- Price
- 7
- Beds
- 4
- Baths
- 3384
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
3 Units
Lot size:
5,506 Sq.Ft Lot
Price per square foot:
$279 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
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. All units are currently occupied. Seller strongly prefers to deliver the building with the tenants in place, but will consider offers contingent on the 3rd floor being delivered vacant.
Neighborhood & Transit
62-64 Pearl St, Framingham · MA 01702
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Framingham Commuter Rail 1 route 0.28 mi
- Framingham/Worcester Line
Price Insight
- Days on Market:
- 41 days
- Listing Price:
- $945,000
- Price per Sq.Ft:
- $279
- Tax Assessment:
- $876,000 in 2026
- Taxes:
- $886 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,384 Sq.Ft
- Broker Disclosure about Living Area
- Units 1 + 2 are setup as 3 and 4 bedrooms respectively
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3384
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,506 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
- 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
- Elizabeth Bain
- Listing office
- Commonwealth Standard Realty Advisors
- MLS PIN #
- 73581608
- Disclosure
- Roof age unknown. Back stairs are in need of replacement, do not walk on them. Sold as-is. Shared driveway. Verbal agreement that owner of home in back does snow removal. Parking for 62-64 is in front of the fence on the left going down driveway. All units to be delivered w/ tenants. Won't pass FHA
- Disclosure
- Units 1 + 2 are setup as 3 and 4 bedrooms respectively