Unit Information
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.
- Additional Details
- Status: Active
- Type: Multi-Family, Triplex
- Zip Code: 01702
- Levels: 3
- Parking
- Garage Capacity: 6
- Parking: Paved,Shared Driveway,Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 14
- Has Basement: Yes
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$945,000
- Listing ID: 73581608
- Bedrooms: 7
- Full Baths: 4
- Living Area: 3,384 sqft Convert
- Lot Size: 5,506 sqft Convert
- Acres: 0.13
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |