Framingham, MA 01702,597 Union Ave
Framingham, MA 01702,597 Union Ave
Framingham, MA 01702,597 Union Ave
Framingham, MA 01702,597 Union Ave
Framingham, MA 01702,597 Union Ave
Framingham, MA 01702,597 Union Ave
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$ 1,500,000
Est. payment | /mo

9 Beds

5 Baths

3,794 SqFt


$ 1,500,000
Est. payment | /mo

9 Beds

5 Baths

3,794 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,794 sqft

Price per Sqft $395

MLS Listing ID 73345668

Bedrooms 9

Full Baths 5

Year Built 1877

Annual Tax Amount $14,350

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

This spacious and well-maintained five-family property is ideally located near Framingham State University and the commuter rail station, offering excellent rental potential. Featuring ample off-street parking and a two-car garage, this investment is both convenient and highly desirable. Two of the five units have been fully renovated. The property boasts vinyl siding, a newer roof, and updated electrical systems, including a landlord meter. All utilities are separately metered, and newer water heaters have been installed. The building consists of four two-bedroom units and one studio/one-bedroom unit, providing a diverse rental mix. Professionally managed and meticulously maintained, this is a true turn-key investment. Additionally, there is potential for redevelopment, with the possibility of constructing 9 to 12 condominium units. Don't miss this rare opportunity—schedule a showing today!

Location

State MA

County Middlesex

Area Framingham Center

Zoning G

Direction Main St to Union Ave

Rooms

Basement Bulkhead, Dirt Floor

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Kitchen, Living Room

Heating Forced Air, Natural Gas, Electric

Cooling None

Flooring Vinyl, Varies, Hardwood, Tile

Appliance Range, Dishwasher

Laundry Washer & Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Utilities Available for Gas Range, for Electric Oven, Washer Hookup, Varies per Unit

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Lot Description Corner Lot

Story 7

Foundation Stone, Granite

Sewer Public Sewer

Water Public

Schools

Elementary Schools Harmony Grove

Middle Schools Fuller

High Schools Framingham

Others

Senior Community false

Virtual Tour https://tours.besthdtour.com/2311685?idx=1

Listed by RE/MAX Executive Realty
agent
Josh Lioce

Broker | Realtor | CRS | License ID: 9051670

+1(508) 422-9750 | josh@lioceteam.com

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597 Union Ave