62-66 Cedar St, Framingham, MA 01702
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$1,100,000
3 Unit
11 Beds
4 Baths
3347 SQFT
0.16 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 11
  • Total Full Baths: 4
  • Amenities: Laundromat, Medical Facility, Public Transportation, Shopping, T-Station
  • Basement Features: Bulkhead, Full, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Loft
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Bathroom with Shower Stall, Pantry, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Electric Baseboard, Extra Flue, Gas, Heat Pump, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 111000
  • Gross Expenses: 4268
  • Water/Sewer: 2256
  • INSC: 2012
  • Net Operating Income: 98003

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73524971
  • Last Updated: 05/27/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/27/2026New$1,100,000$329MLSPIN

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Seller's Representative: Tiandao Dong, Keller Williams Boston MetroWest
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 2026-05-27 13:25:00

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