Price Reduced 15.19%

$1,675,000 ($174.37 per sqft)

Est. Mortgage $8,034/mo *

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120 Franklin St, Framingham, MA, 01702

120 Franklin St, Framingham, MA, 01702
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28 rooms

12 beds

8 Full baths

1900

9,606 sqft

Exceptional opportunity to acquire a fully leased 8-unit multifamily asset featuring a desirable mix of one-bedroom and two-bedroom units. Each unit has great layout, plenty of sunlight, and all bathrooms have tubs. This is ideally located in the travel hub of Framingham with easy access to 495, rt.s 9, 126, 135, the pike and it’s only a ½ mile from the Framingham/Worcester commuter rail stop. All units are currently rented with stable TAW tenancy in place, providing immediate cash flow for investors. The property has been well-maintained and offers strong upside potential through future rent increases and value-add improvements. This property offers a great blend of location, stability, and long-term growth potential.

Status:

Active

Type:

Multi-family

Units:

8

Zoning:

CB

Heating:

Baseboard, Natural Gas

Cooling:

Window Unit(s)

Basement:

Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Levels:

4

Parking:

4-car, Paved Drive, Off Street, Assigned, Paved

Acreage:

0.16

Est. Taxes:

$15,885

Assessment

$1,364,700

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks

Appliances:

Range, Refrigerator

MLS #:

73429229

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Colby Auger, Keller Williams Boston Metrowest 508-877-6500