363 Concord St, Framingham, MA 01702
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$1,175,000
2 Unit
6 Beds
4 Baths
2410 SQFT
0.17 Acre

Property Description

Turn-Key Investment Found! Completely renovated inside 2 Unit building makes it easy to invest for STRs, long-term rentals or owner occupy and apply rent to your mortgage! Both units are 3bed/2bath, with in-unit laundry, primary suites, private entrances, central heat/AC, basement storage, Unit 2 has a front deck, shared fenced side yard, plus 1 Garage and 4+ parking. All separate systems. All new kitchens, baths, plumbing, electrical, heating/AC systems, spray foam insulation, layouts revised with all new sheetrock, trim, doors. Garage has had electric added. Currently used as STRs, furniture is available for purchase to truly make this turn-key. Unit 2 has solid 3 year rental history at about $5,000/mo. Unit 1 previously rented unrenovated at $2900/mo, estimated rent now approximately $3500/mo. Super convenient location just 1 mile to commuter rail and close to shopping, restaurants, WholeFoods, Trader Joe's, Rt 9, 2 lakes and parks. See it and offer now!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Total Fireplaces: 2
  • Amenities: Highway Access, Park, Public Transportation, Shopping, T-Station
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Interior Features: Programmable Thermostat, Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 96000
  • Gross Expenses: 8320
  • Electric Expenses: 3600
  • Water/Sewer: 2800

Utilities

  • Heat Zones: 2
  • Cooling Zones: 2
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1914
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73314092
  • Last Updated: 11/20/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/19/2024New$1,175,000$488MLSPIN
10/02/2024Expired$1,200,000$498MLSPIN
09/19/2024Temporarily Withdrawn$1,200,000$498MLSPIN
09/07/2024Active$1,200,000$498MLSPIN
09/03/2024New$1,200,000$498MLSPIN
05/01/2024Expired$1,000,500$415MLSPIN
04/05/2024Temporarily Withdrawn$1,000,500$415MLSPIN
04/03/2024New$1,000,500$415MLSPIN

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Seller's Representative: Kathleen Alexander - Creative Living Team, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-11-20 19:18:00