$779,900
368 Concord Street, Framingham, MA
3
Beds
3
Baths
1,510
Square feet
0.23
Acres
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. Main roof is older.
Open House
Facts & Features
| MLS® # | 73220204 |
|---|---|
| Price | $779,900 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,510 |
| Acres | 0.23 |
| Year Built | 1882 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
| Taxes | $7,553 |
| Tax Year | 2024 |
Community Information
| Address | 368 Concord Street |
|---|---|
| City | Framingham |
| County | Middlesex |
| State | MA |
| Zip Code | 01702 |
Amenities
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street, Assigned |
| Is Waterfront | Yes |
| Waterfront | Waterfront, Beach Front, Pond, Direct Access, Public, Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public) |
| Has Pool | No |
Interior
| Interior Features | Crown Molding, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Walk-Up Attic, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen |
|---|---|
| Appliances | Microwave, Refrigerator |
| Heating | Baseboard, Natural Gas |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 4 |
| Basement | Yes |
| Basement Features | Full, Interior Entry, Bulkhead, Concrete |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Windows | Insulated Windows, Storm Window(s) |
| Roof | Shingle |
| Construction | Frame |
| Foundation | Stone |
School Information
| Elementary | Choice |
|---|
Additional Information
| Zoning | R1 |
|---|---|
| Condo Fees | $0 |
| Units In Complex | 3 |
| Electric | Fuses, Circuit Breakers |
| Flooring | Tile, Hardwood, Stone/Ceramic Tile |
| Road Type | Public |
| Water | Public |
| Sewer | Public Sewer |
| Utility Connections | for Gas Range, for Electric Dryer, Washer Hookup |
Listing Details
| Agent | Diane B. Sullivan |
|---|---|
| Office | Coldwell Banker Realty - Framingham |
| Buyer Agent Compensation | 2.0 |
| Facilitator Compensation | 2.0 |
| Compensation Based On | Net Sale Price |
| Sub Agency Relationship Offered | No |