S
Seller's Agent in 2025
Steve Leavey
Keller Williams Realty
(508) 380-9365
144 Total Sales
40 Freeman St Framingham, MA 01702
Framingham Area
12
Beds
4
Baths
4,176
Sq Ft
7,841
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Living Room
- Property is near golf course, public transit, and schools
- Corner Lot
- Park
About This Home
As of July 2025Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area's major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,994
Year Built
- Built in 1887
Lot Details
- 7,841 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,176 Sq Ft Home
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Off-Street Parking
Location
- Property is near golf course, public transit, and schools
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $8,350
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:128 B:96 L:6911 U:000,490675
Community Details
Overview
- 4 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Operating Expense $43,992
- Net Operating Income $56,208
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
May 28, 2025
Closed on
Aug 27, 2025
Sold by
Bought by
Seller's Agent
Steve Leavey
Keller Williams Realty
Buyer's Agent
Brendan Mitchell
eRealty Advisors, Inc.
List Price
$1,250,000
Sold Price
$1,250,000
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 28, 2025
Closed on
Jul 18, 2025
Sold by
Bought by
Seller's Agent
Steve Leavey
Keller Williams Realty
Buyer's Agent
Brendan Mitchell
eRealty Advisors, Inc.
List Price
$1,250,000
Sold Price
$1,250,000
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,750
Interest Rate
5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | -- | ||
| $1,250,000 | -- | ||
| $373,750 | -- |
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 |
|---|---|---|---|
| Previous Owner | $936,500 | ||
| Closed | $548,250 | ||
| Previous Owner | $457,165 | ||
| Previous Owner | $457,165 | ||
| Previous Owner | $635,000 | ||
| Previous Owner | $145,750 | ||
| Previous Owner | $277,000 | ||
| Previous Owner | $275,000 |
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 |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $1,250,000 | 0.0% | $299 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $1,250,000 | -- | $299 / 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 | $9,994 | $837,000 | $217,600 | $619,400 |
| 2024 | $11,178 | $897,100 | $195,000 | $702,100 |
| 2023 | $8,171 | $624,200 | $174,700 | $449,500 |
| 2022 | $7,693 | $559,900 | $158,700 | $401,200 |
| 2021 | $7,473 | $531,900 | $152,500 | $379,400 |
| 2020 | $7,204 | $480,900 | $132,700 | $348,200 |
| 2019 | $6,879 | $447,300 | $128,800 | $318,500 |
| 2018 | $7,210 | $441,800 | $122,000 | $319,800 |
| 2017 | $6,438 | $385,300 | $114,700 | $270,600 |
| 2016 | $6,697 | $385,300 | $114,700 | $270,600 |
| 2015 | $6,499 | $364,700 | $114,400 | $250,300 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Leavey
-
Brendan Mitchell
B
Buyer's Agent in 2025
Brendan Mitchell
eRealty Advisors, Inc.
(508) 736-2762
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73380932
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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