Multi-Family for Sale: 368 Concord Street, Framingham, MA 01702 SOLD

3 beds
3 full baths
1,510 sqft
$740,000
$740,000
368 Concord Street, Framingham, MA 01702 SOLD
3 beds
3 full baths
1,510 sqft
$740,000
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Selling Price: $740,000
Original List Price: $799,900
Sold at 92.5% of list price
Sold Date: 12/12/2024

Type Multi-Family
Beds 3
Total Baths 3 full baths
Square Feet 1,510 sqft
Lot Size 0.23 acres
Year Built 1882

City Framingham
County Middlesex

MLS 73220204
Status Closed
DOM 252 days
Investing in a three-family home w/ easy access to the Boston train system is an opportunity ripe w/ potential. Not only does this location offer convenience for tenants commuting to Boston but it also promises steady rental income, a fundamental aspect of any sound investment strategy. With a total monthly rental income of $5,000, this property showcases its attractiveness as a lucrative investment avenue. The property is being conveyed w/ the tenants in place. The studio unit has a “property manager” in place, lease until 12/2024. The 1st floor one bedroom is on a lease until 2/2025 & the 2nd floor one bedroom would very much like to continue renting after being there for over 4+ years-although is a TAW. Nicely updated units w/ granite kitchens, and gas heat-all separate systems except water. Favorable attributes, investors can rest assured knowing that they are making a sound investment decision that promises both financial returns & long-term growth potential. Roof is older.

Lot & Building Features

Appliances Microwave, Refrigerator
Construction Frame
Cooling Window Unit(s)
Heating Baseboard, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,553
Water Public
Foundation Stone
Exterior Features Rain Gutters
Interior Features Bathroom with Shower Stall, Walk-Up Attic, Upgraded Countertops, Stone/Granite/Solid Counters, Remodeled, Living Room, Kitchen, Crown Molding, Bathroom With Tub & Shower
Roof Shingle
Full Baths 3
Parking Assigned, Paved Drive, Off Street
Total Rooms 7
Basement Feature Bulkhead, Interior Entry, Full, Concrete
Garage Spaces 0
Waterfront 3/10 to 1/2 Mile To Beach, Waterfront, Public, Pond, Lake/Pond, Direct Access, Beach Ownership(Public), Beach Front
Waterview Pond

Community and Schools

Elementary School Choice

Price History of 368 Concord Street, Framingham, MA

Date Name Price Difference
04/23/2024 Price Adjustment $740,000 7.49%
04/04/2024 Listing Price $799,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 368 Concord Street, Framingham, MA

Location Map Street View
Photo of Elizabeth Niemaszyk
Direct: 978-375-5778
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Coldwell Banker Realty - Framingham, Diane Sullivan
Sold by Broad Sound Real Estate, LLC, Matthew Wessels
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty - Framingham

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