$1,250,000
40 Freeman Street
Framingham, MA, 01702
Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area’s major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.
Property Details
Price:
$1,250,000
MLS #:
73380932
Status:
Pending
Beds:
12
Baths:
4
Address:
40 Freeman Street
Type:
Multi Family
Subtype:
4 Family
City:
Framingham
Listed Date:
May 28, 2025
State:
MA
Finished Sq Ft:
4,176
Total Sq Ft:
4,176
ZIP:
01702
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1887
Units:
4
Schools
Interior
Appliances
Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
None
Flooring
Wood, Carpet
Heating
Forced Air, Natural Gas
Exterior
Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,994
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
40 Freeman Street
Framingham, MA
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