120 Franklin St new

Framingham,MA 01702

$ 1975000

12 Beds

8 Baths

9606 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,606 sqft

Price per Sqft $205

MLS Listing ID 73429229

Bedrooms 12

Full Baths 8

Year Built 1900

Annual Tax Amount $15,885

Tax Year 2025

Lot Size 6,969 Sqft

Property Sub-Type 5-9 Family

Property Description

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.

Location

State MA

County Middlesex

Zoning CB

Interior

Heating Baseboard,Natural Gas

Cooling Window Unit(s)

Exterior

Community Features 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

Waterfront Description Lake/Pond,1 to 2 Mile To Beach

Building

Lot Description Level

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

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