Introducing a fantastic investment opportunity - This 2-family property offers incredible potential for cash flow & modern updates that make it an irresistible value. Two units plus rental parking from building next door. Situated in a prime location, perfect for savvy investors looking to expand their portfolio and capitalize on the ever-growing demand for rental properties. Both units have been nicely updated w/ gas heat and central air: The 1st floor 1 bedroom unit features a spacious living area w/ ample natural light, updated kitchen and sliders to deck plus a full basement, w/ walk out to yard. The 2nd floor unit also offers 2 bedrooms with potential for a 3rd, providing tenants w/ comfort and privacy on the 2 floors. Private patio space w/ wonderful sunsets overlooking Gleason Pond. Don't miss out on this incredible opportunity to invest in a multifamily property w/ great cash flow. Act fast and seize this chance to secure an investment that will pay dividends for years to come!
Sold for $860,000 on 03/20/24
$860,000
346 Concord St, Framingham, MA 01702
3beds
1,800sqft
Multi Family
Built in 1912
-- sqft lot
$868,000 Zestimate®
$478/sqft
$3,679 Estimated rent
Home value
$868,000
$816,000 - $929,000
$3,679/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 21, 2024 at 06:01pm
Listed by:
Diane B. Sullivan 508-561-1618,
Coldwell Banker Realty - Framingham 508-872-0084
Bought with:
Nathan Seavey
Leading Edge Real Estate
Source: MLS PIN,MLS#: 73199401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Storage, Upgraded Countertops, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den
- Flooring: Vinyl, Hardwood, Wood
- Windows: Insulated Windows, Screens
- Basement: Partially Finished,Walk-Out Access,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Patio & porch: Deck
- Exterior features: Balcony/Deck, Balcony, Rain Gutters
- Has view: Yes
- View description: Scenic View(s)
- Waterfront features: Waterfront, Beach Front, Pond, Access, Direct Access, Public, Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
- Size: 0.25 Acres
- Features: Wooded, Level
Details
- Parcel number: 490436
- Zoning: R!
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1912
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
Location
- Region: Framingham
HOA & financial
Other financial information
- Total actual rent: 5650
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2024 | Sold | $860,000+7.5%$478/sqft |
Source: MLS PIN #73199401 | ||
| 2/9/2024 | Contingent | $799,900$444/sqft |
Source: MLS PIN #73199401 | ||
| 2/5/2024 | Listed for sale | $799,900$444/sqft |
Source: MLS PIN #73199401 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,572 +19.4% | $717,900 +24.6% |
| 2024 | $7,181 +6.4% | $576,300 +11.8% |
| 2023 | $6,751 +19.5% | $515,700 +25.4% |
Find assessor info on the county website
Neighborhood: 01702
Nearby schools
GreatSchools rating
- 3/10Miriam F Mccarthy SchoolGrades: K-5Distance: 0.5 mi
- 4/10Fuller Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Framingham High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Middle: Fuller
- High: Fhs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
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Estimated market value
$868,000
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
$868,000