Beds2
Baths11
Sq.Ft.3,836
Year1902
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Status:
Active
Property Type:5+ Family - 5+ Units Up/Down
MLS #:73088616
Sq. Feet:3,836
On Site:6 Days
Lot Size:0.13 Acres
County:Middlesex
Exceptional value in the epicenter of Framingham's revitalization district. This well maintained property is positioned to reap the benefit of explosive growth planned for the City and will give new owners the opportunity to grow your rents and value. Significant investment at a federal and local level is planned to return downtown Framingham to the vibrant and bustling city it once was. Plans include but not limited to, luxury condos, a new Federal Courthouse, a Large Regional Grocery Store, and municipal parking. Property updates consist of a 100 year metal roof, vinyl siding, vinyl replacement windows, electrical, plumbing, and a full sprinkler system in a professionally managed and maintained property. The building is comprised of 9 studio apartments, and 2 one bedroom apartments, a large common front, side, and rear porch, common yard, and common laundry. Don't miss this opportunity to be at the forefront of this truly historic renaissance
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Community Information
Address:17 Frederick St, Framingham, MA 01702
County:Middlesex
City:Framingham
Zip Code:01702
Architecture
Bedrooms:
2
Bathrooms:
11
Year Built:1902
Stories:3
Construction Materials: Frame
Building Area: 3836
Roof: Metal
Foundation: Stone, Brick/Mortar
Basement: Full
Features / Amenities
Appliances: Gas Water Heater
Exterior Features: Sprinkler System
Patio And Porch: Porch
Total Rooms:17
Property Features
Lot Size:
0.13 Acres
Lot Features: Level
Sewer: Public Sewer
Water: Public
Road Frontage: Public
Road Surface: Paved
Zoning:CB
Directions:Concord St to Frederick St
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $13,920
Gross Income: $170,539
Net Operating Income: $101,380
Operating Expense: $69,159
Terms: Contract
Total Actual Rent: $2,950
Buyer Agency Compensation: 2.0
Transaction Broker Compensation: 1.0
Buyer Agent Compensation: 2.0
Listing Agent/Office
Listing provided courtesy of Michael Ford, Berkshire Hathaway Homeservices Commonwealth Real Estate.
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17 Frederick St Framingham, MA 01702
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Listing Information Last Updated 3/24/2023