368 Concord Street , Framingham, MA 01702
Framingham, MA 01702
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.
Details
| MLS# | 73220204 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1882 |
| Days On Site | 182 |
| Listing Provided By | Coldwell Banker Realty - Framingham | Diane B. Sullivan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,510 |
| Basement | Y |
| Story(s) | 4 |
| Units | 3 |
| Zoning | R1 |
| Acreage | 0.23 |
| Water Front | Yes |
Market Activity 01702
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Framingham |
| Zip Code | 01702 |
| Area | Middlesex |
| School District | Choice |
| Elementary School | Choice |
| Listing VS Median (in 01702) | |
Price: $779,900 low | high Med: $365,000 SqFt: 1,510 low | high Med: 1,052 $ / SqFt: $516 low | high Med: $347 On Site: 182 low | high Med: 2.000000 | |