Off Market

62-66 Cedar Street, Framingham, MA

Framingham · MA 01702

$725,000
Price
8
Beds
3
Baths
3307
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 7,187 Sq.Ft Lot
Price per square foot: $219 / Sq.Ft
Parking: 1 Garage Space · 7 Off Street Spaces

About this home

This is a One of a Kind Investment located in Downtown Framingham! 62-64 Cedar street (2 Family) and 66 Cedar Street (Single Family) are two attached properties on the same 7,000 sqft Lot. All three units are well-kept and leased,'currently generating $4,900/month. The CAP rate is over 8%. There is so much upside for rent maximization.'All three units have good size bedrooms and the property has been professionally managed.'62-64 Cedar street is a 2family dwelling: Unit 1: Duplex 5 bed/1 bath and Unit 2: 2 bed/1 bath. 66 Cedar street is a 2 bed/1bath single family home with on-site laundry. All separate systems. Lot equipped to offer 7+assigned parking spots. Two family and Single is offered as a package deal ONLY! Deal contingent'upon seller identifying and securing'a 1032 exchange.

Neighborhood & Transit

Framingham Center

62-66 Cedar Street, Framingham · MA 01702

Nearby transit

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

  • Framingham Commuter Rail 1 route 0.20 mi
    • Framingham/Worcester Line

Price Insight

Days on Market:
2076 days
Listing Price:
$725,000
Price per Sq.Ft:
$219
Tax Assessment:
$355,900 in 2020
Taxes:
$444 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,307 Sq.Ft
Broker Disclosure about Living Area
Combined living area for both properties
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
7,187 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Nelson Otuechere
Listing office
NCO Realty Group Inc.
MLS PIN #
72789473
Disclosure
Combined living area for both properties