120 Franklin St, Framingham MA 01702

Framingham, MA 01702

$1,675,000

Est. $9,993/month

12

Beds

8

Baths

9,606

Sq Ft

$174

Price/Sq Ft

0.16

Acres

1900

Year Built

5-9 Family

Type

100

Days on Market

Pending Price Drop -$300,000 Listed Sep 15, 2025 • MLS# 73429229 Copied!

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.

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

12

Full Bathrooms

8

Living Area

9,606 sq ft

Total Rooms

28

Stories

4

Levels

4

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1900

Living Area 9,606 sq ft

Lot Size 0.16 acres

Bedrooms 12

Full Baths 8

Total Rooms 28

Interior

Heating Baseboard, Natural Gas

Cooling Window Unit(s)

Flooring None

Appliances Range, Refrigerator

Fireplace None

Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished

Laundry None

Features Living Room, Kitchen

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive, Off Street, Assigned, Paved

Total Spaces 4

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $15,885

Assessed Value $1,364,700

Interior Features

Flooring:

Appliances: Range, Refrigerator

Interior Features: Living Room, Kitchen

Windows:

Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation: Stone

Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Heating Zones: 8

Cooling: Window Unit(s)

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Level

Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4

Parking Features: Paved Drive, Off Street, Assigned, Paved

Location

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Neighborhood

120 Franklin St, Framingham MA 01702

Framingham, MA 01702

Walkability

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Nearby Schools

School District

Framingham School District local

C

⚠ School Safety 2024-25

3.5% Above Average

3.0% Suspensions 2.1% In-School 0.5% Emergency

↓ 2.0% below state avg

E

Elementary Schools

3 schools

C

Barbieri Elementary School

0.6 mi | #650 of 824 | Score: 38.3

-19.9 below state avg

671 students Moderate

Rising School

Grades K-05

C

Miriam F McCarthy School

0.8 mi | #586 of 824 | Score: 41.6

-16.6 below state avg

490 students Diverse

Rising School

Grades PK-05

Wayside Academy School

1.3 mi

Grades 05-12

M

Middle Schools

2 schools

C

Fuller Middle School

0.9 mi | #278 of 352 | Score: 33.8

-24.5 below state avg

592 students Diverse

Rising School

Grades 06-08

A+

J F Kennedy Middle School

1.9 mi | #37 of 352 | Score: 59.1

+0.8 above state avg

911 students Moderate

Strong Attendance

Grades 05-08

H

High Schools

3 schools

Chesterton Academy of the Immaculata

0.3 mi

Grades 09-12

B-

Joseph P Keefe Technical High School

0.8 mi | #188 of 346 | Score: 52.3

-5.9 below state avg

896 students Diverse

14 sports • 934 athletes

Career Tech Programs College Ready Curriculum Diverse Student Body

Grades 09-12

A

Ashland High School

1.9 mi | #51 of 346 | Score: 67.1

+8.9 above state avg

884 students Diverse

19 sports • 1,760 athletes

Strong AP Program High Graduation Rate Rising School Strong Athletics

Grades 09-12

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Property Tax $1,324

Homeowners Insurance $200

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Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

⏳

Pending Sale

Dec 8, 2025

Offer accepted, sale pending

🏠

Listed for Sale

Sep 15, 2025

$1,675,000

Original listing

Agent: Colby Auger Office: Keller Williams Boston MetroWest

🏠

Listed for Sale

Sep 15, 2025

$1,675,000

Original listing

Office: Keller Williams Boston MetroWest

Date	Event	Price	Change	$/sqft	Details
12/08/2025	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
09/15/2025	🏠 Listed for Sale	$1,675,000	-	-	Original listing
09/15/2025	🏠 Listed for Sale	$1,675,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Sep 15, 2025	New Listing Added	$1,675,000	—
Sep 15, 2025	New Listing Added	$1,675,000	—

Market Statistics

Days on Market

100 days

Price per Sq Ft

$174

Total Price Drop

-$300,000

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

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Pending Sale

Listed for Sale

Listed for Sale

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120 Franklin St, Framingham MA 01702

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Listed for Sale

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