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$ 945,000
Est. payment /mo
Active
62-64 Pearl St. Framingham, MA 01702
7 Beds
4 Baths
3,384 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $279
MLS Listing ID 73581608
Bedrooms 7
Full Baths 4
Year Built 1890
Annual Tax Amount $10,636
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 3 Family
Property Description
Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail. All units are currently occupied. Seller strongly prefers to deliver the building with the tenants in place, but will consider offers contingent on the 3rd floor being delivered vacant.
Location
State MA
County Middlesex
Zoning 3-fam
Direction Use GPS
Rooms
Basement Full, Unfinished
Interior
Heating Natural Gas
Flooring Tile, Laminate
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station, University
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Commonwealth Standard Realty Advisors
NEARBY SCHOOL & BUSINESS