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Benjamin Hicks

ben@bridgemontrealty.com +1(617) 529-0751

$ 779,900

Est. payment -/mo

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Pending

368 Concord Street Framingham, MA 01702

3 Beds

3 Baths

1,510 SqFt

UPDATED:

10/26/2024 12:39 PM

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

Acres 0.23

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

Direction Rt 126, Gleason Pond

Rooms

Basement Full, Interior Entry, Bulkhead, Concrete

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

Heating Baseboard, Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood, Stone/Ceramic Tile

Appliance Microwave, Refrigerator

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

Parking Type Paved Drive, Off Street, Assigned

Total Parking Spaces 6

Garage No

Building

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Choice

Others

Senior Community false

Listed by Coldwell Banker Realty - Framingham

Benjamin Hicks

+1(617) 529-0751

Benjamin Hicks

368 Concord Street Framingham, MA 01702

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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368 Concord Street