62-64 Pearl St., Framingham MA 01702
Framingham, MA 01702
$945,000
Est. $5,865/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 23, 2026
$945,000
Original listing
Agent: Elizabeth Bain
Office: Commonwealth Standard Realty Advisors
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/23/2026 | 🏠 Listed for Sale | $945,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,636 | $876,000 |
Financial Details
Annual Property Tax
$10,636
Tax Year 2026
Assessed Value
$876,000
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1890
Living Area
3,384 sq ft
Lot Size
0.13 acres
Stories
3
Bedrooms
7
Full Baths
4
Total Rooms
14
Investment Metrics
Units
3
Unit 1 Rent
$3,000/mo · Y
Unit 2 Rent
$2,700/mo · Y
Unit 3 Rent
$1,800/mo · N
Total Monthly Rent
$7,500/mo
Gross Income
$90,000
Net Operating Income
$90,000
Operating Expenses
$10,500
Water/Sewer Expense
$6,800
Insurance Expense
$3,700
Cap Rate
9.52%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Tile, Laminate
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Shared Driveway, Off Street
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,636
Assessed Value
$876,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Roof Age Unknown. Back Stairs Are In Need Of Replacement, Do Not Walk On Them. Sold As-is. Shared Driveway. Verbal Agreement That Owner Of Home In Back Does Snow Removal. Parking For 62-64 Is In Front Of The Fence On The Left Going Down Driveway. All Units To Be Delivered W/ Tenants. Wont Pass Fha
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Units 1 + 2 are setup as 3 and 4 bedrooms respectively
Documents
None
County
Middlesex
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
7
Full Bathrooms
4
Living Area
3,384 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,384 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Laminate
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Shared Driveway, Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$886
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
62-64 Pearl St., Framingham MA 01702
Framingham, MA 01702
Listing Information
Listing Agent
Elizabeth Bain
Listing Office
Commonwealth Standard Realty Advisors
Office Phone
617-286-6855
Agent MLS ID
CN222922
Office MLS ID
AN2589
Listing Data Updated
Sep 23, 2026 3:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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