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62 Cedar Street Framingham , MA 01702

$7,250

You save 1% of the purchase

8 bed | 3 bath | 3,307sqft | $3,609 est. monthly cost

$725,000

List Price

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Home Information

15 Rooms

8 Bedrooms

3 Bathrooms

7 Parking

This is a One of a Kind Investment located in Downtown Framingham! 62-64 Cedar street (2 Family) and 66 Cedar Street (Single Family) are two attached properties on the same 7,000 sqft Lot. All three units are well-kept and leased, currently generating $4,900/month. The CAP rate is over 8%. There is so much upside for rent maximization. All three units have good size bedrooms and the property has been professionally managed. 62-64 Cedar street is a 2family dwelling: Unit 1: Duplex 5 bed/1 bath and Unit 2: 2 bed/1 bath. 66 Cedar street is a 2 bed/1bath single family home with on-site laundry. All separate systems. Lot equipped to offer 7+assigned parking spots. Two family and Single is offered as a package deal ONLY! Deal contingent upon seller identifying and securing a 1032 exchange.

  • Property type

Multi-family

  • # of Bedrooms

8

  • # of Bathrooms

3

  • # Number of Units

3

  • Year Built

1900

  • Size

3,307

  • Lot Size

7,187

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

7

  • Roof Material

Unavailable

  • Flooring

Tile,Laminate,Hardwood