368 Concord Street Framingham, MA ^$ 779,900

368 Concord Street

^$ 779,900

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368 Concord Street

Framingham, MA, 01702

^$ 779,900

Bedrooms3 Baths3.0 Sq 1,510

Monthly Estimate*

^$ 5,183

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Multi-Family Home for sale in Framingham, MA

for $779,900 with 3 bedrooms and 3 full baths. This 1,510 square foot home was built in 1882 on a lot size of 0.23.

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.

Multi-Family Active

Price

^$ 779,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,553

Style

3 Family

Lot Size

0.23

Year Built

1882

Town/City

Framingham

County/Region

Middlesex

MLS | Web ID

73220204

List By

Diane B. Sullivan

Listing Agent

Coldwell Banker Realty - Framingham

Broker

Affordability Calculator

$5,813

Per Month

Monthly Principal & Interest: $5,183
Monthly Property Taxes: $629
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Framingham, MA

Average List Price ^$863,760

Percent of Sale Price 11%

About Framingham, MA

70,218 Population

5% Since 2002

^$73,185 Median Income

40.64 Median Age

28% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
4/23/2024	$779,900	-2.50%	Price Down
4/4/2024	$799,900		Listed Price

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368 Concord Street, Framingham, MA, 01702 is a Multi-Family Home for sale at $779,900 with 1,510 sqft and a lot size of 0.23. 368 Concord Street has 3 bedrooms, 3.0 baths, and was built in 1882. The property's zip code is 01702 which is in Framingham, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/2/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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 or leasing 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 or leasing. 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.

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368 Concord Street

Multi-Family Home for sale in Framingham, MA

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