42 Gordon St, Framingham, MA 01702
View Map
$999,900
5 Unit
6 Beds
6 Baths
4401 SQFT
0.12 Acre

Property Description

Investment Opportunity in desired area. Extremely strong rental market. Traditional three Decker style building with two side by side apartments on each level. Second level unit was renovated into a single unit and is currently a 4 bedroom unit. There is a deeded ten foot right of way over rear driveway of adjacent multi unit building at 46 Gordon Street. This right of way provides convenient secondary vehicle access to the building's parking from Arlington Street. Gas fired Steam Boiler serves as central heat for five of the units. Sixth unit (#4)has its own separately meter gas fired boiler with baseboard heaters. #4 currently pays Eversource gas bill for the smaller boiler. Boilers are located in basement. Well-McClain central boiler(installed 12-21) has a programable thermostat with remote web access. Security cameras(8) hardwired to a Swann Security DVR recorder with remote access. Convenient location close to train, downtown area, restaurants, breweries, park and major routes

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Interior Features: Programmable Thermostat

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 52080
  • Gross Expenses: 26320
  • Electric Expenses: 351
  • Water/Sewer: 5872
  • INSC: 4475
  • Repairs & Maintenance: 3830
  • Net Operating Income: 3928

Utilities

  • Electric Info: 110 Volts, 220 Volts, At Street, Circuit Breakers, Individually Metered, On-Site, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: for Electric Range, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Yes
  • Warranty: No

Other Information

  • MLS ID# 73299467
  • Last Updated: 10/11/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/11/2024Active$999,900$227MLSPIN
10/07/2024New$999,900$227MLSPIN
03/15/2024Expired$999,900$227MLSPIN
03/14/2024Temporarily Withdrawn$999,900$227MLSPIN
11/25/2023Under Agreement$999,900$227MLSPIN
11/16/2023Active$999,900$227MLSPIN
11/12/2023New$999,900$227MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Philip R. Ottaviani, Realty Executives Boston West
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-11 03:05:00