368 Concord Street Pending Save Request In-Person Tour Request Virtual Tour
Framingham,MA 01702
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,510 sqft
Price per Sqft $516
MLS Listing ID 73220204
Bedrooms 3
Full Baths 3
Year Built 1882
Annual Tax Amount $7,553
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
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.
Location
State MA
County Middlesex
Zoning R1
Interior
Heating Baseboard,Natural Gas
Cooling Window Unit(s)
Flooring Tile,Hardwood,Stone/Ceramic Tile
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Medical Facility,Highway Access,House of Worship,Private School,Public School,T-Station,Sidewalks
Utilities Available for Gas Range,for Electric Dryer,Washer Hookup
Waterfront true
Waterfront Description Waterfront,Beach Front,Pond,Direct Access,Public,Lake/Pond,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Building
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Choice