About 62-64 Pearl St.
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.
Features of 62-64 Pearl St.
| MLS® # | 73581608 |
|---|---|
| Price | $945,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,384 |
| Acres | 0.13 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 62-64 Pearl St. |
|---|---|
| City | Framingham |
| County | Middlesex |
| State | MA |
| Zip Code | 01702 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Paved Drive, Shared Driveway, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Additional Information
| Zoning | 3-fam |
|---|
Listing Details
| Agent | Elizabeth Bain |
|---|---|
| Office | Commonwealth Standard Realty Advisors |