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971 Waverly St, Framingham MA 01702

$1,110,000

Estimated $2,633/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $222,000

Total Rent: 55800/year

Estimated CAP Rate:

5 Bedrooms

Baths

3002

Total Parking: 10

13,068 (0.30)

Premier Metrowest Investment Opportunity | Framingham. We are proud to present a rare and notable multi-family residence that perfectly marries preserved architectural heritage with modern capital improvements. Spanning over 3,000 square feet of living area, the building sits on a sprawling 13,068 square foot level lot—a significant land asset for the area. The property is comprised of five distinct 1-bedroom, 1-bathroom units and features an expansive parking area accommodating up to 10 vehicles.This asset has been meticulously cared for, with a history of thoughtful renovations culminating in the recent installation of individual high-efficiency gas boilers for every unit. This mechanical upgrade ensures streamlined operations and lower owner carry-costs.Current rents are positioned significantly below market value, offering a substantial "value-add" play for the incoming investor. To provide maximum flexibility for the new owner, the property can be delivered vacant at closing.

This home has been viewed 9 times

Last Checked: June 16th, 2026 at 4:53am (Source: MLS PIN #73504053)

Gross Income: $55,800

Gross Expenses: $31,891

Net Income Calc: $23,909

Annual Expenses for 971 Waverly St, Framingham MA 01702

Total Gross Expenses (Calculated)$31,891/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9996

Annual Income & Unit Breakdown for 971 Waverly St, Framingham MA 01702

Total Gross Income (Calculated)$55,800

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 971 Waverly St, Framingham MA 01702

Listing ID73504053

Property TypeMulti Family

Price1110000 ($369.75/SqFt)

Style5+ Family - 5+ Units Up/down

CityFramingham

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3002

Approximate Lot Size (Acres)0.3

Total Parking10

Garage Parking0

Year Built1820

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningG

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 971 Waverly St, Framingham MA 01702

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 971 Waverly St, Framingham MA 01702

Real Estate Taxes9996

Tax Year2025

Assessed Value$837,200

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 971 Waverly St, Framingham MA 01702

Neighborhood(s)

Area Amenities

Contact Information for 971 Waverly St, Framingham MA 01702

Agent

Name: John Zhang

Office

Name: Boston Elite Realty Group

Phone: 617-388-1715

Team Members

Payment Calculator

, Interest

Property Taxes 833

Principal & Interest 6839.47

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Elite Realty Group

John Zhang

Agent Phone

Office Phone

(617) 388-1715

Text Agent Call Agent Call Office

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    [unparsed] => 971 Waverly St, Framingham MA 01702
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EXIT

39 More Photos

Pending

971 Waverly St, Framingham MA 01702

$1,110,000

Annual Expenses for 971 Waverly St, Framingham MA 01702

Annual Income & Unit Breakdown for 971 Waverly St, Framingham MA 01702

General Information for 971 Waverly St, Framingham MA 01702

Disclosures for 971 Waverly St, Framingham MA 01702

Financial Information for 971 Waverly St, Framingham MA 01702

Location Information for 971 Waverly St, Framingham MA 01702

Contact Information for 971 Waverly St, Framingham MA 01702

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Elite Realty Group

John Zhang