597 Union Ave Framingham MA 01702 MLS #73345668

There are multiple listings for this address:
597 Union Ave
Framingham, MA, 01702
$1,500,000
9 Beds
5 Baths
3,794 SqFt
0.37 Acres
$1,500,000
597 Union Ave
Framingham, MA, 01702
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!

Property Details

Price:
$1,500,000
MLS #:
73345668
Status:
Active
Beds:
9
Baths:
5
Address:
597 Union Ave
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Framingham Center
City:
Framingham
Listed Date:
Mar 14, 2025
State:
MA
Finished Sq Ft:
3,794
Total Sq Ft:
3,794
ZIP:
01702
Lot Size:
16,204 sqft / 0.37 acres (approx)
Year Built:
1877
Units:
5

Schools

Elementary School:
Harmony Grove
Middle School:
Fuller
High School:
Framingham

Interior

Appliances
Range, Dishwasher
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Vinyl, Varies, Hardwood, Tile
Heating
Forced Air, Natural Gas, Electric
Laundry Features
Washer & Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$81,546
Tax Year
2024
Taxes
$14,350
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Ask a Question
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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…

More About Marie

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Courtesy of RE/MAX Executive Realty. 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.
Rover IDX
597 Union Ave
Framingham, MA
597 Union Ave
Framingham, MA, 01702
$1,500,000
Beds
5 Baths
3,794 SqFt
0.37 Acres
$1,500,000
597 Union Ave
Framingham, MA, 01702
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!

Property Details

Price:
$1,500,000
MLS #:
73346748
Status:
Active
Beds:
0
Baths:
5
Address:
597 Union Ave
Type:
Commercial
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Framingham Center
City:
Framingham
Listed Date:
Mar 14, 2025
State:
MA
Finished Sq Ft:
3,794
Total Sq Ft:
3,794
ZIP:
01702
Lot Size:
16,204 sqft / 0.37 acres (approx)
Year Built:
1877

Schools

Elementary School:
Harmony Grove
Middle School:
Fuller
High School:
Framingham

Interior

Appliances
Range, Dishwasher
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Vinyl, Varies, Hardwood, Tile
Heating
Forced Air, Natural Gas, Electric
Laundry Features
Washer & Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$81,546
Tax Year
2024
Taxes
$14,350
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby