NOT LISTED FOR SALE

120 Winthrop St Framingham, MA 01702

Estimated Value: $840,312 - $988,000

6 Beds
2 Baths
3,316 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $900,000 $271 Per Sq Ft

Current estimated payment $5,509/month

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Balcony
  • Property is near public transit
  • Solid Surface Countertops
  • Porch

About This Home

As of March 2024

Welcome to this large, two family home (3300+SF) that has been owned, updated and maintained by the same family for over 70 years. A great turn key investment opportunity or better yet live in one unit and have the rent from the second unit offset your mortgage. Lots of updates throughout the property. The first floor unit features an updated kitchen with granite countertops, stainless appliances, white cabinets, beautiful hardwood floors throughout except for tile in the kitchen and and the fully renovated full bath. The second floor unit has an identical floor plan also with an updated kitchen with stainless steel appliances and laminate flooring and hardwood floors throughout the rest of the unit, except for the renovated full bath with a tile floor. The second unit could be also be combined with the third floor to make an even larger rental unit or with some modification and city approval, could be a third 1-bedroom unit. 2-car garage and large private backyard.

Last Agent to Sell the Property

The Suburban Group

Realty ONE Group Suburban Lifestyle Listed on: 02/19/2024

Co-Listed By

Michael Colombo

Realty ONE Group Suburban Lifestyle

Last Buyer's Agent

Didier Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 1902

Lot Details

  • 0.26 Acre Lot
  • Stone Wall

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,316 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Storage
  • Storm Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Balcony
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $4,900
  • Rent includes unit 1(water), unit 2(water)
  • Legal Lot and Block 5960 / 62
  • Assessor Parcel Number M:140 B:62 L:5960 U:000

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Building Details

  • Insurance Expense $3,028
  • Water Sewer Expense $1,712
  • Operating Expense $10,916
  • Net Operating Income $47,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,659

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1902
  • Dual Variable: Yes
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Laminate, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 3316
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN7061
  • MAIN SO: BB5763

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters, Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1712

Lot Info

  • Parcel Number: M:140 B:62 L:5960 U:000
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11530
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7659.16
  • Tax Block: 62
  • Tax Lot: 5960

Multi Family

  • Insurance Expense: 3028
  • Net Operating Income: 47884
  • Number Of Units Total: 2
  • Operating Expense: 10916
  • Total Actual Rent: 4900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 29, 2024
Sold by
Colombo Lisa M and Colombo Michael E
Bought by
Burgos Monica
Seller's Agent
The Suburban Group
Realty ONE Group Suburban Lifestyle
Buyer's Agent
Didier Lopez
RE/MAX One Call Realty
List Price
$825,000
Sold Price
$900,000
Premium/Discount to List
$75,000
9.09%
Views
109
Current Estimated Value
$897,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,672
Avg. Annual Appreciation
-0.18%
Original Mortgage
$400,000
Outstanding Balance
$393,734
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,594

Purchase Details

Closed on
Oct 12, 2018
Sold by
Colombo Rt and Colombo
Bought by
Colombo Victor N and Colombo Lisa M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burgos Monica $900,000 None Available
Burgos Monica $900,000 None Available
Colombo Victor N -- --
Colombo Victor N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgos Monica $400,000
Closed Burgos Monica $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $900,000 +9.1% $271 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $825,000 -- $249 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,634 $806,900 $204,800 $602,100
2024 $7,659 $614,700 $182,200 $432,500
2023 $7,453 $569,400 $162,800 $406,600
2022 $7,350 $534,900 $147,700 $387,200
2021 $6,792 $483,400 $141,800 $341,600
2020 $6,343 $423,400 $123,600 $299,800
2019 $5,664 $368,300 $117,800 $250,500
2018 $5,599 $343,100 $109,700 $233,400
2017 $5,439 $325,500 $105,700 $219,800
2016 $5,259 $302,600 $99,900 $202,700
2015 $4,940 $277,200 $100,700 $176,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201706

MLS Property Information Network (MLS PIN)

APN: FRAM-000140-000062-005960