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Two-Unit Duplex with Unfinished Basement
New
For Sale
$750,000

35 Guild Road, Framingham, MA 01702

Two separate apartments offer distinct layouts, with a full basement providing storage space.

Property Size1,775 SF
Lot Size0.50 Acres
Price / SF$422.54
Days on Market7

Property Features for 35 Guild Road

General Information

Standard status Active
Size 1,775 SF
Lot size 0.50 Acres
Property subtype Multi-family
Zoning Zone G

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1912
Buildings 1
Stories 2
Listing Agency: Gibson Sotheby's International Realty
Listed By: Beth Byrne
Source: Wilsonwolfe
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 19 at 8:28AM

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 Gibson Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This 1,775-square-foot duplex, built in 1912, contains two apartments. The first-floor unit has three bedrooms, one full bath, a kitchen, living room, dining room, pantry, and mudroom. Upstairs, the second unit includes one bedroom, one full bath, a kitchen, and a living room. A front porch and interior gumwood details are among the existing features. The full basement is unfinished and has an 8-foot ceiling.

The property occupies a half-acre parcel in Zone G. Local shopping, major transit routes, and commuter rail service are nearby.

Key Highlights

  • Two apartments: first‑floor unit has 3 bedrooms and 1 bath; upper unit has 1 bedroom and 1 bath
  • 1,775‑square‑foot building constructed in 1912
  • Full unfinished basement with an 8‑foot ceiling

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,560
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,200 $751.2K
Cap Rate 7%
$536,571 $536.6K
Cap Rate 9%
$417,333 $417.3K
Market Conditions
NOI Build-Up for 1,775 SF
Gross rent
$56.4K $31.80/SF
− Vacancy
−$2.8K −$1.57/SF
EGI
$53.7K $30.23/SF
− OpEx
−$16.1K −$9.07/SF
NOI
$37.6K $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%
$751,200
Cap Rate 7%
$536,571
Cap Rate 9%
$417,333

Alternative Uses

Best Use
Multifamily LT 5
$536.6K
$469.5K – $626.0K (±1% cap)
NOI $37,560 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$504.5K
$441.5K – $588.6K (±1% cap)
NOI $35,317 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.05M
$919.5K – $1.23M (±1% cap)
NOI $73,556 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments offer distinct layouts, with a full basement providing storage space.
Where is this duplex located?
The property is located at 35 Guild Road Framingham, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two apartments: first‑floor unit has 3 bedrooms and 1 bath; upper unit has 1 bedroom and 1 bath; 1,775‑square‑foot building constructed in 1912; Full unfinished basement with an 8‑foot ceiling
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