693 Concord Street, Framingham, MA 01702
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$1,300,000
6 Unit
6 Beds
6 Baths
4010 SQFT
0.22 Acre

Property Description

High-demand 6-family investment in a prime Framingham location! This fully rented property delivers strong, reliable cash flow. Each unit features tasteful updates, including kitchens, bathrooms, and flooring, offering comfort and appeal for tenants. Ample off-street parking adds convenience and value. Turnkey opportunity for investors seeking a solid income-producing property in a sought-after MetroWest neighborhood with easy access to shopping, dining, schools, and transit. Combines consistent income with location-driven growth potential—an ideal addition to any investment portfolio.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Medical Facility, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 147200
  • Gross Expenses: 26660
  • GSE: 3000
  • Electric Expenses: 3000
  • Water/Sewer: 6000
  • INSC: 5924
  • Miscellaneous Expense: 2000
  • Net Operating Income: 120540

Utilities

  • 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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1825
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73446208
  • Last Updated: 11/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/25/2025Active$1,300,000$324MLSPIN
10/21/2025New$1,300,000$324MLSPIN

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Seller's Representative: Lisa Lyons, Coldwell Banker Realty - Waltham
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 2025-11-03 15:24:00