Coldwell Banker Realty - Framingham
Diane B. Sullivan, Coldwell Banker Realty - FraminghamPhone: (508) 561-1618
Email: [email protected]

Another Property Sold - 368 Concord Street, Framingham, MA 01702

by Diane B. Sullivan 12/17/2024

368 Concord Street, Framingham, MA 01702
MultifamilySold
List Price $779,900
Sold Price $740,000
368 Concord Street
Framingham, MA 01702
Courtesy of Coldwell Banker Realty - Framingham - Diane B. Sullivan
MLS Property Information Network
3Beds
3Baths
1,510Sq Ft
Est. Mortgage
$4,126/mo

Investing in a three-family home w/ easy access to the Boston train system is an opportunity ripe w/ potential. Not only does this location offer convenience for tenants commuting to Boston but it also promises steady rental income, a fundamental aspect of any sound investment strategy. With a total monthly rental income of $5,000, this property showcases its attractiveness as a lucrative investment avenue. The property is being conveyed w/ the tenants in place. The studio unit has a “property manager” in place, lease until 12/2024. The 1st floor one bedroom is on a lease until 2/2025 & the 2nd floor one bedroom would very much like to continue renting after being there for over 4+ years-although is a TAW. Nicely updated units w/ granite kitchens, and gas heat-all separate systems except water. Favorable attributes, investors can rest assured knowing that they are making a sound investment decision that promises both financial returns & long-term growth potential. Roof is older.

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About the Author
Author

Diane B. Sullivan

Being a real estate agent in MetroWest Boston is more to me than just a profession or title– it is my legacy and life’s passion. Being raised in a real estate family, the industry is in my blood, and being a real estate professional has come naturally to me for the 39 years I’ve been in the business. 

While I have been made privy to real estate as far back as I can remember and am now a continually recognized top producer at Coldwell Banker Realty, I strive every day to not only meet all of my individual client's expectations but exceed them.