120 Franklin St, Framingham MA 01702

Framingham, MA 01702
$1,975,000
Est. $10,512/month
12
Beds
8
Baths
9,606
Sq Ft
$206
Price/Sq Ft
0.16
Acres
1900
Year Built
5-9 Family
Type
11
Days on Market
Active Listed Sep 26, 2025 • MLS# 73429229

About this home

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.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
12
Full Bathrooms
8
Living Area
9,606 sq ft
Total Rooms
28
Stories
4
Levels
4

Interior Features

Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Kitchen
Basement Details
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Features
Lake/Pond, 1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,970 sq ft
Lot Size Area
0.1600
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Assigned, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

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
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$15,885
Tax Year
2025
Tax Assessed Value
$1,364,700
Parcel Number
490204
Zoning
CB
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Units listed are representative-see attachments for full unit details. Seller has never lived in property, All Tenants are TAW with Leases.
Exclusions
Tenant Belongings

Location

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Neighborhood

120 Franklin St, Framingham MA 01702

Framingham, MA 01702

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,324
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 15, 2025
$1,975,000
Original listing
Office: Keller Williams Boston MetroWest

Price & Status History

Date Event Price Change
Sep 15, 2025 New Listing Added $1,975,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$206

Tax History

Year Taxes Assessment
2025 $15,885 $1,364,700

Financial Details

Annual Property Tax
$15,885
Tax Year 2025
Assessed Value
$1,364,700

Listing Information

Listing Agent Colby Auger
Listing Office Keller Williams Boston MetroWest
Agent MLS ID CN229948
Office MLS ID AN5720

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