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.
Mls | 73220204 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Pending |
Year | 1882 |
Days On Site | 247 |
Listing Provided By | Coldwell Banker Realty - Framingham | Diane B. Sullivan |
Beds | 3 |
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Baths | 3 Total |
Sq Feet | 1,510 |
Basement | Y |
Storys | 4 |
Units | 3 |
Zoning | R1 |
Acreage | 0.23 |
Water Front | Yes |
State | MA |
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County | Middlesex |
City | Framingham |
Zip Code | 01702 |
Area | Middlesex |
School District | Choice |
Elementary School | Choice |
Listing VS Median (in 01702) | |
Price: $779,900 low | high Med: $409,950 SqFt: 1,510 low | high Med: 1,008 $ / SqFt: $516 low | high Med: $407 On Site: 247 low | high Med: 222.000000 |