RARE OPPORTUNITY!! CASH COW!! 25 TOTAL UNITS!! TWO FULLY LICENSED LODGING HOUSES FOR SALE TOTALING 25 UNITS IN A TOP FRAMINGHAM LOCATION PRICED TO SELL!! THESE BUILDINGS OFFER A VERY STRONG RENTAL HISTORY WITH A WAITING LIST TO GET A ROOM!! 23 PRIVATE ROOMS WITH SHARED KITCHENS AND BATHS & 2 STUDIO APARTMENTS WITH PRIVATE KITCHENS AND BATHS!! MANY RECENT UPDATES INCLUDING: HEATING SYSTEMS, ROOF, ELECTRICAL & MORE!! GROSS INCOME OF $165,720 WITH EXPENSES OF $62,067 AND AN NOI OF $99,666!! THE NUMBERS WORK WITH A GREAT CAP RATE OF 10% AND AN ESTIMATED RETURN OF INVESTMENT OF 23% CASH/CASH!!! ASKING PRICE IS JUST UNDER $40K/UNIT!! THESE ATTRACTIVE BUILDINGS OFFER PLENTY OF OFF-STREET PARKING, FULL SPRINKLER SYSTEMS, COIN-OP LAUNDRY AND HIGHLY DESIRABLE ROOMS NEAR TOWN CENTER, ROUTES 9 & 135, AMTRACK & THE METROWEST MEDICAL CENTER!! DON'T MISS THIS WONDERFUL INVESTMENT OPPORTUNITY!! TONS OF INCOME UPSIDE AND/OR FUTURE REDEVELOPMENT POTENTIAL FOR THIS PROPERTY. DON'T MISS OUT!!!!
Off market
Street View
$1,751,100
100 Pearl St, Framingham, MA 01702
25beds
6,966sqft
MultiFamily
Built in ----
-- sqft lot
$1,751,100 Zestimate®
$251/sqft
$-- HOA
What's special
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Estimated market value
$1,751,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,751,100