Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

368 Concord Street

Framingham, MA ID #73220204

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368 Concord Street

- Framingham, MA ID #73220204

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 01702
  • Taxes: 7,553
  • Living Levels: 4
  • Acres: 0.23
  • Selling Broker Compensation: 2.0
  • Buying Broker Compensation: 2.0

Parking

  • Parking: Paved Drive, Off Street, Assigned
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 7

Location

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368 Concord Street, Framingham, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Diane B. Sullivan of Coldwell Banker Realty - Framingham. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.