A unique opportunity to acquire two adjoining parcels with substantial space and potential for a new vision. Together, 246-248 Edgell Road comprise 1.75 acres and include two existing buildings: a 7,784-square-foot rooming house at 248 Edgell Road, situated on a 0.46-acre lot, and a 1,527-square-foot Cape Cod-style home built in 1965 at 246 Edgell Road, set on a 1.29-acre lot. The combination offers an interesting opportunity for developers, investors, and other buyers to evaluate the property's possibilities, with redevelopment potential a primary consideration. Ideally located with convenient access to shopping, restaurants, schools, and major commuting routes, the property is just a half mile from Route 9 and Framingham Center. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, flood zone considerations, building conditions, and redevelopment potential. A large property with a central location, this is an opportunity worth exploring.
This home has been viewed 2 times
Last Checked: October 31st, 2026 at 8:23am (Source: MLS PIN #73597041)
Gross Income: $0
Gross Expenses: $19,675
Net Income Calc: $19,675
Annual Expenses for 246-248 Edgell Rd, Framingham MA 01701
Total Gross Expenses (Calculated)$19,675/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax19675
Annual Income & Unit Breakdown for 246-248 Edgell Rd, Framingham MA 01701
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms9
Bathrooms4 Full, 9 Half
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
General Information for 246-248 Edgell Rd, Framingham MA 01701
Listing ID73597041
Property TypeMulti Family / 2 Family
Price1000000 ($107.4/SqFt)
Style2 Family - Rooming House
CityFramingham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total9311
Approximate Lot Size (Acres)1.75
Total Parking14 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 246-248 Edgell Rd, Framingham MA 01701
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.
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 246-248 Edgell Rd, Framingham MA 01701
Real Estate Taxes19675
Tax Year2026
Assessed Value$1,663,100
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 246-248 Edgell Rd, Framingham MA 01701
Elementary SchoolFramingham
Middle SchoolFramingham
High SchoolFramingham Hs
Neighborhood(s)
Area Amenities
Contact Information for 246-248 Edgell Rd, Framingham MA 01701