Multi-Family for Sale: 368 Concord Street, Framingham, MA 01702

3 beds
3 full baths
1,510 sqft
$779,900
$779,900
368 Concord Street, Framingham, MA 01702
3 beds
3 full baths
1,510 sqft
$779,900
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Price:
$779,900
$20,000 - 04/23/2024

Type Multi-Family
Beds 3
Total Baths 3 full baths
Square Feet 1,510 sqft
Lot Size 0.23 acres
Year Built 1882

City Framingham
County Middlesex

MLS 73220204
Status Active
DOM 90 days
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.

Lot & Building Features

Appliances Microwave, Refrigerator
Construction Frame
Cooling Window Unit(s)
Heating Baseboard, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,553
Water Public
Foundation Stone
Exterior Features Rain Gutters
Interior Features Bathroom with Shower Stall, Walk-Up Attic, Upgraded Countertops, Stone/Granite/Solid Counters, Remodeled, Living Room, Kitchen, Crown Molding, Bathroom With Tub & Shower
Roof Shingle
Full Baths 3
Parking Assigned, Paved Drive, Off Street
Total Rooms 7
Basement Feature Bulkhead, Interior Entry, Full, Concrete
Garage Spaces 0
Waterfront 3/10 to 1/2 Mile To Beach, Waterfront, Public, Pond, Lake/Pond, Direct Access, Beach Ownership(Public), Beach Front
Waterview Pond

Community and Schools

Elementary School Choice

Price History of 368 Concord Street, Framingham, MA

Date Name Price Difference
04/23/2024 Price Adjustment $779,900 2.50%
04/04/2024 Listing Price $799,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$580,000
$387 / sqft
Average
$630,333
$411 / sqft
High
$725,000
$444 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Framingham 01702 3 3.0 $779,900 1,510 $516 N/A
43 Campbell Rd Framingham 01702 4 2.0 $586,000 1,466 $400 03/18/2024
31 Hastings St Framingham 01701 3 3.0 $580,000 1,498 $387 03/01/2024
17 Anzio Road Framingham 01702 4 2.0 $725,000 1,632 $444 04/08/2024

Map of 368 Concord Street, Framingham, MA

Location Map Street View
Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Coldwell Banker Realty - Framingham, Diane Sullivan
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368 Concord Street (MLS #73220204) is a multi-family listing located in Framingham, MA. This multi-family listing is 1,510 sqft and on a lot of 9,888 sqft (or 0.23 acres) with 3 bedrooms, 3 baths and is 142 years old. This property was listed on 04/04/2024 and has been priced for sale at $779,900.

The 4 bedroom multi-family listing at 17 Anzio Road in Framingham is nearby and sold for $725,000 on 04/08/2024. Another nearby 4 bedroom multi-family listing, 43 Campbell Rd in Framingham sold for $586,000 on 03/18/2024.

Nearby zip codes are 01701, 01721, 01760, 01770 and 02701. This property neighbors other cities such as Ashland, Holliston, Natick, Sherborn and Wayland.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty - Framingham

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.