40 Freeman Street, Framingham MA 01702

Framingham, MA 01702
$1,250,000
Est. $6,653/month
12
Beds
4
Baths
4,176
Sq Ft
$299
Price/Sq Ft
0.18
Acres
1887
Year Built
4 Family
Type
3
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73380932

About this home

Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area's major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.

Sale Statistics

Sale Overview
Original List Price: $1,250,000
Final Sale Price: $1,250,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $299
Sale $/sq ft: $299
This property sold for $299 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1887
Bedrooms
12
Full Bathrooms
4
Living Area
4,176 sq ft
Total Rooms
20
Stories
6
Levels
6

Interior Features

Flooring
Wood, Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Kitchen
Basement Details
Full, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,841 sq ft
Lot Size Area
0.1800
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,994
Tax Year
2025
Tax Assessed Value
$837,000
Parcel Number
M:128 B:96 L:6911 U:000,490675
Zoning
G
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

40 Freeman Street, 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 $833
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4
Total Days on Market

Property Timeline

Sold
Jul 18, 2025
$1,250,000
Property sold
Days on Market: 4
🏠
Listed for Sale
May 28, 2025
$1,250,000
Original listing
Agent: Steve Leavey Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
May 28, 2025 New Listing Added $1,250,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2025 $9,994 $837,000

Financial Details

Annual Property Tax
$9,994
Tax Year 2025
Assessed Value
$837,000

Listing Information

Listing Agent Steve Leavey
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID BB910788
Office MLS ID AN4884

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