40 Freeman Street new Save Request In-Person Tour Request Virtual Tour
Framingham,MA 01702
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,176 sqft
Price per Sqft $299
MLS Listing ID 73380932
Bedrooms 12
Full Baths 4
Year Built 1887
Annual Tax Amount $9,994
Tax Year 2025
Lot Size 7,840 Sqft
Property Sub-Type 4 Family
Property Description
Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area's major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.
Location
State MA
County Middlesex
Zoning G
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Wood,Carpet
Exterior
Community Features Public Transportation,Shopping,Park,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Private School,Public School,T-Station,University
Roof Type Shingle
Building
Lot Description Corner Lot
Story 6
Foundation Stone
Sewer Public Sewer
Water Public