368 CONCORD ST
FRAMINGHAM, MA 01702

$779,900

3 Beds

3 Baths

1,510 Sq Ft

Status Active

MLS# 73220204

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.

Details for 368 CONCORD ST

$516 / Sq Ft

6 parking spaces

Baseboard, Natural Gas

57 Days on website

0.23 acres lot

Interior

Appliances

Microwave, Refrigerator

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Flooring

Tile, Hardwood, Stone/Ceramic Tile

Interior Features

Crown Molding, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Walk-Up Attic, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen

Laundry Features

Electric Dryer Hookup, Washer Hookup

Living Area

1,510 SqFt.

HOA Features

Association Amenities

Association Fee Includes

Building And Construction

Accessibility Features

Door Features

["Insulated Doors", "Storm Door(s)"]

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

[]

Window Features

Insulated Windows, Storm Window(s)

Year Built

1882

Exterior And Lot

Exterior Features

Rain Gutters

Lot Features

Lot Size Acres

0.23

Lot Size Square Feet

9888

Lot Size Units

Acres

Parking Features

Paved Drive, Off Street, Assigned

Parking Total

Patio And Porch Features

[]

Pool Features

[]

Spa Features

[]

Waterfront Features

["Waterfront", "Beach Front", "Pond", "Direct Access", "Public", "Lake/Pond", "3/10 To 1/2 Mile To Beach", "Beach Ownership(Public)"]

Zoning

Utilities

Cooling

["Window Unit(s)"]

Heating

Baseboard, Natural Gas

Area And Schools

City

Framingham

Community Features

Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House Of Worship, Private School, Public School, T-Station, Sidewalks

County Or Parish

Middlesex

Elementary School

Choice

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$7,553

Tax Year

2024

Additional Info

Compensation Based On

Net Sale Price

Sub Agency Offered

Transaction Broker Compensation

2.0