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346 Concord Street, Framingham MA 01702

Framingham, MA 01702
$860,000
Est. $4,577/month
3
Beds
2.5
Baths
1,800
Sq Ft
$478
Price/Sq Ft
0.25
Acres
1912
Year Built
Multi Family
Type
8
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73199401

About this home

Introducing a fantastic investment opportunity - This 2-family property offers incredible potential for cash flow & modern updates that make it an irresistible value. Two units plus rental parking from building next door. Situated in a prime location, perfect for savvy investors looking to expand their portfolio and capitalize on the ever-growing demand for rental properties. Both units have been nicely updated w/ gas heat and central air: The 1st floor 1 bedroom unit features a spacious living area w/ ample natural light, updated kitchen and sliders to deck plus a full basement, w/ walk out to yard. The 2nd floor unit also offers 2 bedrooms with potential for a 3rd, providing tenants w/ comfort and privacy on the 2 floors. Private patio space w/ wonderful sunsets overlooking Gleason Pond. Don't miss out on this incredible opportunity to invest in a multifamily property w/ great cash flow. Act fast and seize this chance to secure an investment that will pay dividends for years to come!

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $860,000
Difference: +$60,100 (+7.5%)
Performance Metrics
107.5%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $444
Sale $/sq ft: $478
This property sold for $478 per square foot
Sale Summary

This property sold for 7.5% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1912
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,800 sq ft
Total Rooms
8
Stories
4
Levels
4

Interior Features

Flooring
Vinyl, Hardwood, Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer, Microwave
Interior Features
Storage, Upgraded Countertops, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Partially Finished, Walk-Out Access, Interior Entry, Concrete
Window Features
Insulated Windows, Screens

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Block
Exterior Features
Balcony/Deck, Balcony, Rain Gutters
Patio/Porch Features
Deck
Has Spa
No
View
Scenic View(s)
Has View
Yes
Waterfront Features
Waterfront, Pond, Access, Direct Access, Public, Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
0.25 acres
Lot Size
11,099 sq ft
Lot Size Area
0.2500
Lot Features
Wooded, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,010
Tax Year
2024
Tax Assessed Value
$576,300
Parcel Number
490436
Zoning
R!
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
HVAC & AC 2022, all W/D & refrigerators are included. The seller has a lease for parking with the commercial building next door (driveway side) and receives 1650 monthly for those spaces, see specs in MLS-if interested and will provide the terms of the lease.
Exclusions
Note: 1 Person Has A Right Of First Refusal- Any Offers In 1 Pdf-Give 2 Days For A Reply

Location

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Neighborhood

346 Concord Street, Framingham MA 01702

Framingham, MA 01702

Walkability

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Schools

Elementary School
Choice
Rating information coming soon
Middle School
Fuller
Rating information coming soon
High School
Fhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $668
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7%
Price Range
9
Total Days on Market

Property Timeline

✓
Sold
Mar 20, 2024
$860,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Feb 5, 2024
$799,900
Original listing
Agent: Diane B. Sullivan Office: Coldwell Banker Realty - Framingham

Price & Status History

Date Event Price Change
Feb 5, 2024 New Listing Added $799,900 —

Market Statistics

Days on Market
8 days
Price per Sq Ft
$478

Tax History

Year Taxes Assessment
2024 $8,010 $576,300

Financial Details

Annual Property Tax
$8,010
Tax Year 2024
Assessed Value
$576,300

Listing Information

Listing Agent Diane B. Sullivan
Listing Office Coldwell Banker Realty - Framingham
Agent MLS ID BB301164
Office MLS ID AN6208

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