597 Union Ave Active Save Request In-Person Tour Request Virtual Tour
Framingham,MA 01702
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,794 sqft
Price per Sqft $395
MLS Listing ID 73346748
Year Built 1877
Annual Tax Amount $14,350
Tax Year 2024
Lot Size 0.370 Acres
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
Exterior
Utilities Available Public Water,Private Sewer
Roof Type Shingle