Unit Information
Turnkey 2-family generating $6,400/month in gross rent, with unit 2 occupied and unit 1 delivering vacant possession by end of May—ideal for owner-occupants or investors looking to set market rent from day one. Over $300K in a full studs-out renovation—new roof, full electrical rewire, new plumbing throughout, HVAC, 2 modern kitchens, and 3 full baths—all fully permitted, documented, and lead compliant. 5.8% cap rate, priced below comparable renovated multi-families in the market.The upside is built in: a rare by-right ADU conversion opportunity under the 2025 MA Affordable Homes Act may allow the third floor to be converted into a legal unit without a variance—with potential parking relief further streamlining the path to a projected $1.3M+ valuation.Walkable to the Framingham MBTA commuter rail (0.5 mi) and the Cochituate Rail Trail (0.2 mi). A strong fit for investors, 1031 exchange buyers, and owner-occupants alike.First showings at Open House 4/4 12-2pm and 4/5 1-3pm.
- Additional Details
- Status: NEW
- Type: Multi-Family, 2 Family - 2 Units Up/Down
- Area: Saxonville
- Zip Code: 01701
- Levels: 3
- Parking
- Garage Capacity: 5
- Parking: Paved Drive, Driveway
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 15
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$949,000
- Status: New
- Listing ID: 73494202
- Bedrooms: 7
- Full Baths: 3
- Living Area: 2,535 sqft Convert
- Lot Size: 4,792 sqft Convert
- Acres: 0.11
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |