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$945,000

New

62-64 Pearl St.

Framingham, MA, 01702

Multi-Family · MLS #73581608

Price/sqft

$279

Days on market

2 days

Year built

1890

Lot size

0.13 ac

4 full

Baths

3,384 sq ft

Sq Ft

0.13 acres

Lot

1890

Year Built

Taxes: $10,636.08 (2026)

About this home

Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail.

Location

62-64 Pearl St., Framingham, MA, 01702

Property details

Road type
Public
Basement
Full, Unfinished Basement

Listed by Elizabeth Bain · Commonwealth Standard Realty Advisors

Schedule a showing

62-64 Pearl St.

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$6,325 / month

Down payment20% · $189,000
Interest rate7.03%

Loan term

Principal & interest
$5,045
Property tax
$886
Home insurance
$394

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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