368 Concord Street Framingham, MA 01702
Listing Courtesy of: MLS PIN / Coldwell Banker Realty / Diane B. Sullivan

  368 Concord Street Framingham, MA 01702

Active (25 Days)
$779,900
3
BED
3
BATH
1,510
SQFT
OPEN HOUSE TIMES
  • OPEN
    Wed, May 1
    5:00 pm - 6:00 pm

Description

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. Main roof is older.

MLS #:
73220204
Taxes
$7,553(2024)
Lot Size
9,888 SQFT
Type
Multifamily
Year Built
1882
County
Middlesex County

Listed By

Diane B. Sullivan, Coldwell Banker Realty
Source
MLS PIN
Last checked Apr 29 2024 at 9:39 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Storm Window(s)
  • Windows: Insulated Windows
  • Refrigerator
  • Microwave
  • Laundry: Washer Hookup
  • Laundry: Electric Dryer Hookup
  • Kitchen
  • Living Room
  • Bathroom With Tub & Shower
  • Stone/Granite/Solid Counters
  • Walk-Up Attic
  • Remodeled
  • Bathroom With Shower Stall
  • Upgraded Countertops
  • Crown Molding
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Natural Gas
  • Baseboard
  • Window Unit(s)
Basement Information
  • Concrete
  • Bulkhead
  • Interior Entry
  • Full
Flooring
  • Stone/Ceramic Tile
  • Hardwood
  • Tile
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Washer Hookup, For Electric Dryer, For Gas Range
  • Sewer: Public Sewer
School Information
  • Elementary School: Choice
Parking
  • Total: 6
  • Assigned
  • Off Street
  • Paved Drive
Stories
  • 4
Living Area
  • 1,510 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.0
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 23, 2024
Price Changed
$779,900
-3%
-20,000
Apr 04, 2024
Original Price
$799,900
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. © 2024 MLS Property Information Network, Inc.. 4/29/24 14:39