This spacious and well-maintained five-family property is ideally located near Framingham State University and the commuter rail station, offering excellent rental potential. Featuring ample off-street parking and a two-car garage, this investment is both convenient and highly desirable. Two of the five units have been fully renovated. The property boasts vinyl siding, a newer roof, and updated electrical systems, including a landlord meter. All utilities are separately metered, and newer water heaters have been installed. The building consists of four two-bedroom units and one studio/one-bedroom unit, providing a diverse rental mix. Professionally managed and meticulously maintained, this is a true turn-key investment. Additionally, there is potential for redevelopment, with the possibility of constructing 9 to 12 condominium units. Don't miss this rare opportunity—schedule a showing today!
For sale
$1,500,000
597 Union Ave, Framingham, MA 01702
9beds
3,794sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1877
-- sqft lot
$1,472,500 Zestimate®
$395/sqft
$-- HOA
What's special
Updated electrical systemsNewer roofTwo-car garageAmple off-street parking
- 35 days
- on Zillow |
- 593 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 08:03am
Listed by:
Robert Brown,
RE/MAX Executive Realty
Source: MLS PIN,MLS#: 73345668
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Natural Gas, Electric
Cooling
- None
Appliances
- Laundry: Washer & Dryer Hookup, Washer Hookup
Features
- Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Kitchen, Living Room
- Flooring: Vinyl, Varies, Hardwood, Tile
- Basement: Bulkhead,Dirt Floor
- Has fireplace: No
Interior area
- Total structure area: 3,794
- Total interior livable area: 3,794 sqft
- Finished area above ground: 3,794
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Rain Gutters
- Frontage length: 7777.00
Lot
- Size: 0.37 Acres
- Features: Corner Lot
Details
- Foundation area: 777
- Parcel number: 494492
- Zoning: G
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1877
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Oven, Washer Hookup, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Framingham
Financial & listing details
- Price per square foot: $395/sqft
- Tax assessed value: $1,151,700
- Annual tax amount: $14,350
- Date on market: 3/25/2025
- Exclusions: All Of Owners Or Tenants Personal Property
- Total actual rent: 7650
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