Seller's Agent in 2024
Diane B. Sullivan
Coldwell Banker Realty - Framingham
(508) 561-1618
283 Total Sales
346 Concord St Framingham, MA 01702
Estimated Value: $773,000 - $896,000
3
Beds
2.5
Baths
1,800
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Public Water Access
- Scenic Views
- Deck
- Medical Services
- Waterfront
- Property is near public transit
About This Home
As of March 2024Introducing a fantastic investment opportunity - This 2-family property offers incredible potential for cash flow & modern updates that make it an irresistible value. Two units plus rental parking from building next door. Situated in a prime location, perfect for savvy investors looking to expand their portfolio and capitalize on the ever-growing demand for rental properties. Both units have been nicely updated w/ gas heat and central air: The 1st floor 1 bedroom unit features a spacious living area w/ ample natural light, updated kitchen and sliders to deck plus a full basement, w/ walk out to yard. The 2nd floor unit also offers 2 bedrooms with potential for a 3rd, providing tenants w/ comfort and privacy on the 2 floors. Private patio space w/ wonderful sunsets overlooking Gleason Pond. Don't miss out on this incredible opportunity to invest in a multifamily property w/ great cash flow. Act fast and seize this chance to secure an investment that will pay dividends for years to come!
Last Agent to Sell the Property
Coldwell Banker Realty - Framingham Listed on: 02/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,010
Year Built
- Built in 1912
Lot Details
- 0.25 Acre Lot
- Waterfront
- Level Lot
- Wooded Lot
Property Views
- Pond
- Scenic Vista
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,800 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Window Screens
- Combination Dining and Living Room
- Home Office
- Storage
Kitchen
- Range
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Interior Basement Entry
- Block Basement Construction
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Public Water Access
- Balcony
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Choice Elementary School
- Fuller Middle School
- FHS High School
Utilities
- Forced Air Heating and Cooling System
- 3 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $5,650
- Rent includes unit 1(heat)
- Assessor Parcel Number 490436
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
Additional Features
- 2 Units
- Net Operating Income $48,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2016
Sold by
Jenkins Frank C and Jenkins Janice W
Bought by
346 Concord Street Llc
Current Estimated Value
Purchase Details
Closed on
Jan 16, 1979
Bought by
Jenkins Frank C and Jenkins Janice W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 346 Concord Street Llc | -- | -- | |
| 346 Concord Street Llc | -- | -- | |
| Jenkins Frank C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kusuma Praveen | $645,000 | |
| Closed | Kusuma Praveen | $645,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2024 03/20/24 | Sold | $860,000 | +7.5% | $478 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $799,900 | -- | $444 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,572 | $717,900 | $220,200 | $497,700 |
| 2024 | $7,181 | $576,300 | $197,300 | $379,000 |
| 2023 | $6,751 | $515,700 | $176,800 | $338,900 |
| 2022 | $5,651 | $411,300 | $160,600 | $250,700 |
| 2021 | $5,298 | $377,100 | $154,400 | $222,700 |
| 2020 | $4,964 | $331,400 | $134,300 | $197,100 |
| 2019 | $4,543 | $295,400 | $130,400 | $165,000 |
| 2018 | $4,291 | $262,900 | $117,300 | $145,600 |
| 2017 | $4,010 | $240,000 | $113,900 | $126,100 |
| 2016 | $3,931 | $226,200 | $110,300 | $115,900 |
| 2015 | $3,812 | $213,900 | $110,200 | $103,700 |
Source: Public Records
Agents Affiliated with this Home
-
Diane B. Sullivan
-
Nathan Seavey
N
Buyer's Agent in 2024
Nathan Seavey
Leading Edge Real Estate
(617) 545-4997
71 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73199401
APN: FRAM-000121-000098-008744
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