Two-Family
210 Grant Street, Framingham, MA 01702
For Sale
$879,000
Separate apartments support household flexibility and rental use.
Property Size2,386 SF
Lot Size0.17 Acres
Price / SF$368.40
Days on Market23
Property Features for 210 Grant Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By:
Mark Grupposo
Source:
Hgjohnsonrealestate
Added: Oct 17
Changed: Nov 7
Last Checked: Nov 7 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two separate apartments with a combined six bedrooms, two full bathrooms, and approximately 2,386 square feet of living area. One apartment has four bedrooms. The property was built in 1897 and occupies an approximately 7,405-square-foot lot in Framingham.
Downtown Framingham shops, restaurants, parks, and recreation facilities are nearby. The Framingham and West Natick commuter rail stations are accessible from the property, as are Routes 9, 126, and 135 and the Massachusetts Turnpike (I-90). Natick Mall and the Route 9 retail corridor are among the area’s shopping and dining destinations.
Downtown Framingham shops, restaurants, parks, and recreation facilities are nearby. The Framingham and West Natick commuter rail stations are accessible from the property, as are Routes 9, 126, and 135 and the Massachusetts Turnpike (I-90). Natick Mall and the Route 9 retail corridor are among the area’s shopping and dining destinations.
Key Highlights
- Two apartments with 6 bedrooms and 2 full bathrooms total
- One apartment has 4 bedrooms
- Approximately 2,386 square feet of living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,489
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,780
$1.0M
Cap Rate 7%
$721,271
$721.3K
Cap Rate 9%
$560,989
$561.0K
Market Conditions
NOI Build-Up for 2,386 SF
Gross rent
$75.9K $31.80/SF
− Vacancy
−$3.7K −$1.57/SF
EGI
$72.1K $30.23/SF
− OpEx
−$21.6K −$9.07/SF
NOI
$50.5K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,780
Cap Rate 7%
$721,271
Cap Rate 9%
$560,989
Alternative Uses
Best Use
Multifamily LT 5
$721.3K
$631.1K – $841.5K
NOI $50,489 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$678.2K
$593.4K – $791.2K
NOI $47,473 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,875 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 01702, MA
39,515
Population
15,303
Households
2.6
Avg Household Size
35
Median Age
39%
College-Educated
83%
High-School Grad
8.2 sq mi
ZIP Area
4,819
Density / Sq Mi
$78,784
Median Household Income
$41,792
Median Earnings
$1,822
Median Rent
$563,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments support household flexibility and rental use.
Where is this duplex located?
The property is located at 210 Grant Street Framingham, MA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two apartments with 6 bedrooms and 2 full bathrooms total; One apartment has 4 bedrooms; Approximately 2,386 square feet of living area
