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120 Franklin St Framingham, MA 01702

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For Sale
$1,675,000

8-unit multifamily property in Framingham with immediate cash flow.

Lot size:
0.16 Acres

Property Features for 120 Franklin St

General Information

Lot size
0.16 Acres

Building Details

Year built
1900

Source: Keller Williams Boston MetroWest Agent Colby Auger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Leased Multifamily Investment Property

This is an exceptional opportunity to acquire a fully leased 8-unit multifamily asset. The property features a mix of one-bedroom and two-bedroom units. Each unit has a layout with sunlight, and all bathrooms have tubs. The property is located in the travel hub of Framingham with access to 495, Routes 9, 126, and 135, and is one mile from the Framingham/Worcester commuter rail stop. All units are currently rented with tenancy in place, providing cash flow for investors. The property has been well-maintained and offers upside potential through future rent increases and value-add improvements. This property offers a blend of location, stability, and long-term growth potential.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Framingham
County
Middlesex
State
Massachusetts
Longitude
-71.4198987
Latitude
42.2806871

FAQs

What type of property is this?
Apartment building - 8-unit multifamily property in Framingham with immediate cash flow.
Where is this apartment building located?
The property is located at 120 Franklin St Framingham, MA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: - Fully leased 8-unit multifamily asset providing immediate cash flow.; - Ideally located in Framingham travel hub with easy access to major routes (495, rt.s 9, 126, 135, the pike).; - Close proximity (1 mile) to the Framingham/Worcester commuter rail stop.
More about this property
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