$1,500,000
$1,675,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
120 Franklin St Framingham, MA 01702
12 Beds
8 Baths
9,606 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,606 sqft
Price per Sqft $156
MLS Listing ID 73429229
Sold Date 04/21/26
Bedrooms 12
Full Baths 8
Year Built 1900
Annual Tax Amount $15,885
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
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.
Location
State MA
County Middlesex
Zoning CB
Direction GPS Friendly; Rt 9 OR 135/Waverly to Union Ave then any cross street to Franklin
Rooms
Basement Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Interior
Interior Features Living Room, Kitchen
Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Waterfront Description Lake/Pond,1 to 2 Mile To Beach
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Cobi Team • William Raveis R. E. & Home Services