Ideally situated in the heart of downtown Framingham’s high-growth residential/business area, 79-81 Franklin Street, Framingham is a 4,902 SF multi-use building on .24 acre featuring four residential rental apartments and a beautiful street level office space currently housing a law firm. The multi-family portion includes three one-bedroom units and one studio unit, each unit separately metered for utilities, with two currently rented and two recently vacated, and all offering upside rental potential. The 2,250 SF first level office space is move-in ready and features four offices, a conference room, staff open area, en suite bathrooms, and street-facing exterior signage, and is available for owner occupancy or tenant income. The office level also offers the potential for conversion to additional residential units. The property also features approximately 700 SF of lower level basement storage. There are 9 on-site parking spaces. Seller reserves the right to accept an offer any time.
4,902 Sq Ft
0.23 Private Acres Lot Size
investment
$15,212 Annual Tax
Built in 1900
MLS/Listing ID 73499740
4 Stories
4 Units
Community - House of Worship
Community - Medical Facility
Community - T-Station
Community - Shopping
Community - Public Transportation
Cooling - Window Units
Cooling - Wall Units
Brick Mortar
Heating - Natural Gas
Heating - Electric
Lot - Corner Lot