120 Franklin St, Framingham, MA 01702
- $1,500,000
- 12
- BD
- 8
- BA
- 9,606
- SqFt
- Sold Price
- $1,500,000
- List Price
- $1,675,000
- Status
- SOLD
- MLS#
- 73429229
- Bedrooms
- 12
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 9,606
- Lot Size (Acres)
- 0.16
- Year Built
- 1900
Property Description
Exceptional opportunity to acquire a fully leased 8-unit multifamily asset featuring a desirable mix of one-bedroom and two-bedroom units. Each unit has great layout, plenty of sunlight, and all bathrooms have tubs. This is ideally located in the travel hub of Framingham with easy access to 495, rt.s 9, 126, 135, the pike and it’s only a ½ mile from the Framingham/Worcester commuter rail stop. All units are currently rented with stable TAW tenancy in place, providing immediate cash flow for investors. The property has been well-maintained and offers strong upside potential through future rent increases and value-add improvements. This property offers a great blend of location, stability, and long-term growth potential.
Additional Information
- Taxes
- $15,885
- Interior Features
- Living Room, Kitchen
- Parking Description
- Paved Drive, Off Street, Assigned, Paved
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Colby Auger from Listing Office: Keller Williams Boston MetroWest.
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