Price Reduced 2.50%

$779,900 ($516.49 per sqft)

Est. Mortgage $4,099/mo *

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368 Concord Street, Framingham, MA, 01702

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7 rooms

3 beds

3 Full baths

1882

1,510 sqft

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.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

Zoning:

Heating:

Baseboard, Natural Gas

Cooling:

Window Unit(s)

Basement:

Full, Interior Entry, Bulkhead, Concrete

Levels:

Parking:

6-car Paved Drive, Off Street, Assigned

Acreage:

0.23

Est. Taxes:

$7,553

Assessment

$606,200

Construction

Frame

Utilities

for Gas Range, for Electric Dryer, Washer Hookup

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Waterfront:

Yes

Elementary School:

Choice

Appliances:

Microwave, Refrigerator

MLS #:

73220204

Buyer Agent Compensation:

2.0

Facilitator Compensation:

2.0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Diane B. Sullivan, Coldwell Banker Realty - Framingham Phone: 508-872-0084

$779,900 ($516.49 per sqft)

368 Concord Street, Framingham, MA, 01702

Community Info

School Info

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