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2 Mechanic St, Framingham MA 01701

$750,000

Estimated $1,824.20/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $375,000

Total Rent: 55200/year

Estimated CAP Rate: 6.39%

4 Bedrooms

2 Full Baths

2,236 SqFt

Total Parking: 3

4,051 SqFt

Welcome to 2 MECHANIC ST in SAXONVILLE!This 2-unit Family home, with finished basement , presents a lucrative investment opportunity. Boasting 5 bedrooms and 2 bathrooms across two units, this property is ideal for owner occupancy or portfolio expansion.Conveniently located near retail shops and recreational facilities, this home offers both convenience and potential.Buyers and agents are encouraged to conduct thorough due diligence.Please respect the privacy of the tenants and refrain from walking the property individually. Group showings are available.Don't miss out on this promising investment opportunity!Property is being sold AS IS condition. Buyers and Buyer's agent to verify all information. Seller reserves the right to accept an offer at anytime.

This home has been viewed 76 times

Last Checked: April 27th, 2024 at 7:21am (Source: MLS PIN #73215991)

Gross Income: $55,200

Gross Expenses: $7,297

Net Income Calc: $47,903

CAP Rate: 6.39%

Annual Expenses for 2 Mechanic St, Framingham MA 01701

Total Gross Expenses (Calculated)$7,297/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,297

Annual Income & Unit Breakdown for 2 Mechanic St, Framingham MA 01701

Total Gross Income (Calculated)$55,200

Unit 1

Rental Income$2,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water

Unit 2

Rental Income$2,400

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water

General Information for 2 Mechanic St, Framingham MA 01701

Listing ID73215991

Property TypeMulti Family

Price$750,000 ($335.42/SqFt)

StyleMulti Family

CityFramingham

CountyMiddlesex

MLS AreaSaxonville

Neighborhood(s)

Approximate Living Area Total2,236 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR-1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2 Mechanic St, Framingham MA 01701

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$66,000

Total Net Income By Broker$55,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 2 Mechanic St, Framingham MA 01701

Real Estate Taxes$7,297

Tax Year2024

Assessed Value$585,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$66,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$55,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.39%

Location Information for 2 Mechanic St, Framingham MA 01701

Elementary SchoolChoice

Middle SchoolChoice

High SchoolFramingham High

Neighborhood(s)

MLS AreaSaxonville

Area AmenitiesPublic Transportation

Contact Information for 2 Mechanic St, Framingham MA 01701

Agent

Name: Rita Silva Martins

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 608.08

Principal & Interest 4621.26

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Rita Silva Martins

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[22] => Array
                (
                    [id] => 2413017
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[23] => Array
                (
                    [id] => 2413018
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[24] => Array
                (
                    [id] => 2413019
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[25] => Array
                (
                    [id] => 2413020
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[26] => Array
                (
                    [id] => 2413021
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[27] => Array
                (
                    [id] => 2413022
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

[28] => Array
                (
                    [id] => 2413023
                    [name] => MLS29.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215991&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-04-27 07:21:43
                    [modified] => 2024-04-27 07:21:43
                )

)

)

EXIT