Kristin Hilberg
Keller Williams Realty Boston Northwest
(978) 679-2322
188 Total Sales
1 in Framingham
$1,500,000 Price
346 Concord St Framingham, MA 01702
Framingham AreaEstimated Value: $792,000 - $863,000
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 and schools
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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,010
Year Built
- Built in 1912
Lot Details
- 11,099 Sq Ft 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
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Public Water Access
- Balcony
- Deck
- Rain Gutters
Location
- Property is near public transit and 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2024
Closed on
Mar 20, 2024
Sold by
Amfm Llc
Bought by
Seller's Agent
Diane B. Sullivan
Coldwell Banker Realty - Framingham
Buyer's Agent
Nathan Seavey
Leading Edge Real Estate
List Price
$799,900
Sold Price
$860,000
Premium/Discount to List
$60,100
7.51%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,238
Avg. Annual Appreciation
-1.35%
Original Mortgage
$645,000
Outstanding Balance
$628,526
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,236
Purchase Details
Closed on
Oct 18, 2021
Sold by
346 Concord Street Llc
Bought by
Amfm Llc
Purchase Details
Closed on
Aug 23, 2016
Sold by
Jenkins Frank C and Jenkins Janice W
Bought by
346 Concord Street Llc
Purchase Details
Closed on
Jan 16, 1979
Bought by
Jenkins Frank C and Jenkins Janice W
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Framingham, MA
-
Kristin Hilberg
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
100 Total Sales
3 in Framingham
$560K - $1.6M Price Range
-
Deborah M Gordon
Deborah M Gordon
Coldwell Banker Realty - Brookline
(857) 425-1550
101 Total Sales
1 in Framingham
$840,000 Price
-
Jan Pitzi
Jan Pitzi
William Raveis R.E. & Home Services
(774) 469-4173
30 Total Sales
1 in Framingham
$862,500 Price
-
Lisa Zemack
Lisa Zemack
Zemack Real Estate
(774) 292-5539
68 Total Sales
21 in Framingham
$141K - $1.1M Price Range
-
Lynne Eliopoulos
Lynne Eliopoulos
ERA Key Realty Services- Fram
(774) 772-6252
63 Total Sales
2 in Framingham
$750K - $785K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $860,000 | None Available | ||
| Amfm Llc | $600,000 | None Available | |
| 346 Concord Street Llc | -- | -- | |
| Jenkins Frank C | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $645,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2024
Diane B. Sullivan
Coldwell Banker Realty - Framingham
(508) 561-1618
267 Total Sales
-
Nathan Seavey
Buyer's Agent in 2024
Nathan Seavey
Leading Edge Real Estate
(617) 545-4997
91 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73199401
APN: FRAM-000121-000098-008744
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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