530 Waverley St Framingham, MA 01702

Property Details for 530 Waverley St

Year built

1930

Lot size

0.26 lot acres

Property type

Commercial real estate

Description

This exceptional multi-use property in Framingham, MA, presents a lucrative investment opportunity. Located in the heart of downtown, near the train station, this 0.26-acre site offers unparalleled convenience and accessibility. The property comprises a thriving convenience store generating consistent revenue, a sizable warehouse ideal for storage or various business uses, and five well-maintained residential apartments providing a reliable rental income stream. The convenience store's prime location ensures a steady flow of customers, while the warehouse offers significant storage capacity. The residential units are currently occupied, contributing to the property's overall profitability. This multifaceted property is perfect for investors seeking a diversified portfolio or entrepreneurs looking to establish a dynamic business hub. The strategic location near the train station enhances its appeal to both residents and commuters. This is a rare opportunity to acquire a high-yield property in a highly desirable and rapidly developing area. The property's diverse income streams offer significant potential for long-term growth and profitability. The combination of commercial and residential components creates a robust and resilient investment, offering a unique blend of income generation and potential for future expansion. This is a turnkey operation ready for immediate income generation and future development.