A rare investment opportunity in the extremely popular and highly sought after City of Framingham. This could be the cash cow you have been looking for. This property consists 6 townhomes featuring 4 bedrooms and 1 bath each. Situated in spacious lot, each unit has its own fenced-in backyard to enjoy the great outdoors. All units have a similar layout with ample living room space and a big kitchen with stainless steel appliances. Central gas heat, facilitating the installation of central AC. This property offers two driveways, one on each end, with ample space to accommodate up to six cars. Take full advantage of the strong rental demand in the Framingham area to maximize your passive income. With this tremendously convenient location, your tenants will be close to the T station, downtown Framingham, restaurants, shops, parks and major routes such as 135 and 126 Don't miss this opportunity to invest in a property combining modern amenities, rental potential, and a prime location.
This home has been viewed 38 times
Last Checked: May 7th, 2024 at 8:17am (Source: MLS PIN #73161091)
Gross Income: $0
Gross Expenses: $15,387
Net Income Calc: $15,387
Annual Expenses for 6-16 Highland St, Framingham MA 01702
Total Gross Expenses (Calculated)$15,387/year
APOD Available
Heating
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Real Estate Tax15387.94
Annual Income & Unit Breakdown for 6-16 Highland St, Framingham MA 01702
Total Gross Income (Calculated)$0
General Information for 6-16 Highland St, Framingham MA 01702
Listing ID73161091
Property TypeMulti Family / 5+ Family
Price1950000
Style
CityFramingham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total6608
Approximate Lot Size (Acres)0.37
Total Parking6
Year Built1877
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ZoningG
Zoning DetailsLegal Conforming
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Disclosures for 6-16 Highland St, Framingham MA 01702
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsAll Appliances To Remain.
Financial Data Source
Total Gross Expenses By Broker
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Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based On
Financial Information for 6-16 Highland St, Framingham MA 01702
Real Estate Taxes15387.94
Tax Year2023
Assessed Value$0
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 6-16 Highland St, Framingham MA 01702
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Contact Information for 6-16 Highland St, Framingham MA 01702