Discover an exceptional investment opportunity at 62-66 Cedar St, with over 8.5% cap rate. Whether you are a seasoned investor or looking to house hacking into your first real estate investment, this is an opportunity you will not want to miss out on. This expansive multi-family property offers a substantial 3347 square feet of living space with recent renovations; located a few blocks from downtown and the commuter rail, this home presents a perfect blend of convenience and comfort, and easy to rent. Set on a generous 6970 square foot lot, this property offers considerable outdoor space for various uses including but not limited to off street parking for up to 8 vehicles. We invite you to stop by the open houses this Saturday(05/30) and Sunday(05/30) from 2-4 pm to fully appreciate the potential of this distinctive Framingham property.
This home has been viewed 13 times
Last Checked: June 16th, 2026 at 10:43am (Source: MLS PIN #73524971)
Gross Income: $112,200
Gross Expenses: $12,997
Net Income Calc: $99,203
Water Views
Annual Expenses for 62-66 Cedar St, Framingham MA 01702
Total Gross Expenses (Calculated)$12,997/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8729
Annual Income & Unit Breakdown for 62-66 Cedar St, Framingham MA 01702
Total Gross Income (Calculated)$112,200
Unit 1
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 62-66 Cedar St, Framingham MA 01702
Listing ID73524971
Property TypeMulti Family / 3 Family
Price1100000 ($328.65/SqFt)
Style3 Family
CityFramingham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3347
Approximate Lot Size (Acres)0.16
Total Parking8
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningG
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 62-66 Cedar St, Framingham MA 01702
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data SourceEstimated
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 62-66 Cedar St, Framingham MA 01702
Real Estate Taxes8729
Tax Year2026
Assessed Value$776,300
Financial Data SourceEstimated
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 62-66 Cedar St, Framingham MA 01702
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 62-66 Cedar St, Framingham MA 01702