Two-Family Residential Income
7 Liberty St Framingham, MA 01702
7 Liberty St, Framingham, MA, 01702
$920,000
For Sale
$920,000
Substantial 2-family on 0.52 acres, sold as-is, with approx. 3,366 sq ft and oversized outdoor grounds.
Property Size3,366 SF
Lot Size0.52 Acres
Price / SF$273.32
Days on Market112
Property Features for 7 Liberty St
General Information
- Standard status
- Active
- Size
- 3,366 SF
- Lot size
- 0.52 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1969
Listing agency
Century 21 North East
(978) 208-0449
Listed by
Fermin Group
Source
Reishomesearch
Added: Apr 1 Updated: Jul 20 at 11:02PM Checked: Jul 20 at 11:02PM
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 Century 21 North East
Investment Insights
Based on property information with market context.
This substantial 2-family residence is offered for sale as-is and features approx. 3,366 sq ft of living area on a commanding 0.52-acre lot. The property is sized for meaningful reconfiguration and provides room to support additional site uses, including parking, outdoor zones, and storage.
Located at 7 Liberty St in Framingham, the home benefits from a high-visibility setting with access to major routes and transit, with shopping and dining nearby. It also sits within the broader MetroWest corridor.
For buyers, this is a straightforward, large-scale duplex asset with generous land and a size advantage that can support a range of transformation plans. Bring your strategy, plans, and contractor to evaluate the best path forward for this oversized site.
Located at 7 Liberty St in Framingham, the home benefits from a high-visibility setting with access to major routes and transit, with shopping and dining nearby. It also sits within the broader MetroWest corridor.
For buyers, this is a straightforward, large-scale duplex asset with generous land and a size advantage that can support a range of transformation plans. Bring your strategy, plans, and contractor to evaluate the best path forward for this oversized site.
Key Highlights
- Substantial 2‑family home on a 0.52‑acre lot, sold as‑is
- Approx. 3,366 sq ft with 1 fireplace
- 2‑car garage (2.0 garage spaces) plus total 10 parking spaces
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.0k | $31.80 |
| − Vacancy | −$5.3k | −$1.57 |
| EGI | $101.8k | $30.23 |
| − OpEx | −$30.5k | −$9.07 |
| NOI | $71.2k | $21.16 |
3,366 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$890.3K – $1.19M
NOI $71,226 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$956.7K
$837.2K – $1.12M
NOI $66,972 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,486 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Substantial 2-family on 0.52 acres, sold as-is, with approx. 3,366 sq ft and oversized outdoor grounds.
Where is this duplex located?
The property is located at 7 Liberty St Framingham, MA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Substantial 2‑family home on a 0.52‑acre lot, sold as‑is; Approx. 3,366 sq ft with 1 fireplace; 2‑car garage (2.0 garage spaces) plus total 10 parking spaces
