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Active Under Contract

131 Second St, Framingham MA 01702

$795,000

Estimated $1,612/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $397,500

Total Rent: 55080/year

Estimated CAP Rate:

4 Bedrooms

Baths

2016

Total Parking: 18 (4 Garage)

9,799 (0.22)

Perfect property for the savvy investor! Beautifully maintained 2-family with 4-car garage, providing protected parking and additional storage. Fully rented under 30 Day Tenant at Will Agreements. Potential for additional income by renting garage bays individually for parking or storage. Up/down units each feature 2 bedrooms, a full bath, eat-in kitchen, spacious living room and washer/dryer. Designated, secure storage area for each unit inside garage, in addition to the 4 individual garage bays. Tenants pay for electric and gas. New roof and new boiler. Parking lot will be resurfaced prior to closing. Walking distance to commuter rail, public transportation and short driving distance to route 9 and 90 shopping areas.

This home has been viewed 2 times

Last Checked: May 12th, 2026 at 8:03am (Source: MLS PIN #73508659)

Gross Income: $55,080

Gross Expenses: $3,878

Net Income Calc: $51,202

Water Views

Annual Expenses for 131 Second St, Framingham MA 01702

Total Gross Expenses (Calculated)$3,878/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3878.95

Annual Income & Unit Breakdown for 131 Second St, Framingham MA 01702

Total Gross Income (Calculated)$55,080

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 131 Second St, Framingham MA 01702

Listing ID73508659

Property TypeMulti Family / 2 Family

Price795000 ($394.35/SqFt)

Style2 Family - 2 Units Up/down

CityFramingham

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2016

Approximate Lot Size (Acres)0.22

Total Parking18 (4 Garage)

Garage Parking4

Year Built1964

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningG

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 131 Second St, Framingham MA 01702

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.

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 131 Second St, Framingham MA 01702

Real Estate Taxes3878.95

Tax Year2025

Assessed Value$637,000

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 131 Second St, Framingham MA 01702

Elementary SchoolStapleton Elementary

Middle SchoolCameron Middle School

High SchoolFramingham High School

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 131 Second St, Framingham MA 01702

Agent

Name: Joseph Horan

Office

Name: Classic House Real Estate

Phone: 781-864-4360

Team Members

Payment Calculator

, Interest

Property Taxes 323.25

Principal & Interest 4898.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Classic House Real Estate

Joseph Horan

Agent Phone

Office Phone

(781) 864-4360

Text Agent Call Agent Call Office

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EXIT

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