Seize your next lucrative investment opportunity right next to Framingham State University! This prime location offers a fully leased, 4-unit building with unbeatable convenience and 7 off-street parking spaces. The first floor features two charming one-bedroom units, while the upper level boasts a spacious two-bedroom and a freshly updated, cozy studio. Three units have separate meters for gas and electric, with heat included in the rent—ideal for savvy investors. The studio's rent even covers all utilities! Plus, there's a coin-operated laundry in the basement for added tenant convenience. Showings are limited and by appointment only, so book early and don’t miss out on this gem!
Sale Statistics
Sale Overview
Original List Price:$799,897
Final Sale Price:$765,000
Difference:
$34,897 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$265
Sale $/sq ft:$253
This property sold for $253 per square foot
Sale Summary
This property sold for 4.4% below the original asking price.
The property spent 37 days on market before selling.
Facts & Features
Property Overview
Property Type
4 Family - 4 Units Up/Down
Property Category
Residential Income
Year Built
1817
Bedrooms
4
Full Bathrooms
4
Living Area
3,023 sq ft
Total Rooms
12
Stories
4
Levels
4
Interior Features
Flooring
Hardwood
Heating
Central, Steam, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Washer, Dryer, Range, Refrigerator
Interior Features
Bathroom With Tub & Shower, Living Room, Kitchen
Basement Details
Full, Interior Entry, Unfinished
Exterior & Structure
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.23 acres
Lot Size
9,932 sq ft
Lot Size Area
0.2300
Lot Features
Easements
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$10,313
Tax Year
2024
Tax Assessed Value
$827,700
Parcel Number
M:100 B:43 L:7516 U:000,494429
Zoning
R-1
Financial Data Source
Estimated, Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
Rents are all below market; Please note this is part of a 1031 exchange. See additional property details attached to MLS.
Location
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Neighborhood
46 Main 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$859
Homeowners Insurance$200
PMI$0
Property History
Market Insights
1.9%
Price Range
39
Total Days on Market
Property Timeline
✓
Sold
Dec 9, 2024
$765,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Sep 26, 2024
$779,897
Original listing
Agent: Alison CortonOffice: ERA Key Realty Services- Fram
