46 Main Street

Framingham, MA 01702

$765,000
Last Sold Price
4
Beds
4
Baths
3,023 Sq. Ft.
$253 / Sq. Ft.
3,023
Sq. Ft.
$253
per Sq. Ft.

Description

Seize your next lucrative investment opportunity right next to Framingham State University! This prime location offers a fully leased, 4-unit building with unbeatable convenience and 7 off-street parking spaces. The first floor features two charming one-bedroom units, while the upper level boasts a spacious two-bedroom and a freshly updated, cozy studio. Three units have separate meters for gas and electric, with heat included in the rent—ideal for savvy investors. The studio's rent even covers all...Seize your next lucrative investment opportunity right next to Framingham State University! This prime location offers a fully leased, 4-unit building with unbeatable convenience and 7 off-street parking spaces. The first floor features two charming one-bedroom units, while the upper level boasts a spacious two-bedroom and a freshly updated, cozy studio. Three units have separate meters for gas and electric, with heat included in the rent—ideal for savvy investors. The studio's rent even covers all utilities! Plus, there's a coin-operated laundry in the basement for added tenant convenience. Showings are limited and by appointment only, so book early and don’t miss out on this gem!
  1. Listed by Alison Corton • ERA Key Realty Services- Fram

Property Details for 46 Main Street

Town
Framingham
Area
MA-Framingham
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7
LISTING UPDATED: 12/09/2024 03:50 PM

Property Details for 46 Main Street

StatusSold
MLS #73295131
Days on Market39
Taxes$10,313 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1817
CountyMiddlesex County

Building Information for 46 Main Street

Stories6Residences4Year Built1817Building Size-Lot Size0.23 AC / 9,932 SF

Property Information for 46 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Current Financing: Conv Ins
  • Living Area: 3023.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Easements
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Central, Steam, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Rents are all below market; Please note this is part of a 1031 exchange. See additional property details attached to MLS.
Tax Information
  • Tax ID: M:100 B:43 L:7516 U:000,494429
  • Assessments: $827,700
  • Book: 63970
  • Tax Year: 2024
  • Zoning: R-1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 1
Income / Expenses
  • Electricity: $950.00
  • Annual Expenses Source: Estimated, Owner
  • GOI: $52,200.00
  • Insurance: $5,800.00
  • GRE: $13,000
  • HTE: $3,400
  • MGF: $0
  • RFS: $0
  • RME: $800
  • NOI: $44,600.00
  • Operating Expense: $13,000.00
  • WSE: $1,700.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 46 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 46 Main Street

Taxable ValueLand$233,000Additions$594,700Total$827,700
Tax Record2024$10,313 ($859 / month)
Home Facts
Baths4Total Finished SqFt3,023 SqFtAbove Grade Finished SqFt3,023 SqFtUnfinished Basement SqFt1,322 SqFtStories3Lot Size9,932 SqFtStyleMulti-Family Res (5+ Units)Year Built1817Year Renovated1966ZoningR-1CountyMIDDLESEXAPNFRAM M:100 B:43 L:7516 U:000

Schools near 46 Main Street

This home is within Framingham School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Miriam F Mccarthy School
PublicK to 5

Fuller Middle School
Public6 to 8

Framingham High School
Public9 to 12

Barbieri Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of ERA Key Realty Services- Fram, Alison Corton

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.