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    77-79 Arlington St Framingham, MA 01702

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    For Sale
    $15,000,000

    Twin 27-unit buildings with recent renovations and income growth potential.

    Lot size:
    1.12 Acres

    Property Features for 77-79 Arlington St

    General Information

    Lot size
    1.12 Acres

    Building Details

    Year built
    1970

    Source: Horvath & Tremblay Agent Kelleher - Pentore Team

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

    Overview

    Renovated Apartment Buildings in Framingham

    Arlington Commons features two identical 27-unit brick buildings, comprising 27 two-bedroom, one-bathroom units, 21 one-bedroom, one-bathroom units, and 6 studio units. Significant capital improvements have been made, including the renovation of 48 units with updated kitchens, bathrooms, and flooring. Common areas and the exterior have also been renovated with landscaping and painting. Additional improvements include new rubber roofs, a new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants are responsible for their electric heat, while the landlord covers common area electric, gas-fired hot water, and domestic water and sewer. The property presents an opportunity to acquire a renovated asset with a history of high occupancy and potential for future upside in a desirable MetroWest location. This property is suitable for a buyer seeking a stabilized asset with income growth potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.416559
    Latitude
    42.273532

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    FAQs

    What type of property is this?
    Apartment building - Twin 27-unit buildings with recent renovations and income growth potential.
    Where is this apartment building located?
    The property is located at 77-79 Arlington St Framingham, MA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: - Significant recent capital improvements including **48 renovated units with updated kitchens, bathrooms, and flooring**.; - New rubber roofs, parking lot, sewer pumps, and vinyl replacement windows.; - Desirable MetroWest location.
    (781) 776-4004
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    77-79 Arlington St Framingham, MA 01702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77-79 Arlington St Framingham, MA 01702
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