NOT LISTED FOR SALE

56 Clark St Framingham, MA 01702

8 Beds
4 Baths
2,600 Sq Ft
7,492 Sq Ft Lot

Last Sold October 24, 2024

Last sale price $1,000,000 $385 Per Sq Ft

4 Days on Market

Highlights

  • Property is near public transit and schools
  • Jogging Path
  • Park
  • Tennis Courts
  • Tandem Parking
  • Shops

About This Home

As of October 2024

Discover this exceptional multi-unit property in the heart of Framingham, MA, just steps from vibrant Framingham Center. This unique offering includes four units, providing a rare blend of historical charm and modern convenience. The main building features three units: a cozy 1-bedroom, 1-bathroom apartment, and two spacious 3-bedroom, 1-bathroom units, perfect for many tenants. In addition, there's a detached 1-bedroom, 1-bathroom carriage house nestled at the rear of the property, offering privacy and tranquility. Residents will appreciate the unbeatable location, with immediate access to public transportation, including bus routes and the commuter rail to Boston. The area is rich with amenities, including shops, restaurants, and a local brewery. Nature lovers will enjoy being just around the corner from Farm Pond and Farm Pond Park, featuring baseball and soccer fields, as well as scenic trails. Don't miss this exceptional investment opportunity!

Last Agent to Sell the Property

Ronald Bourgeois

Unlock Real Estate Listed on: 08/15/2024

Last Buyer's Agent

Thiago Gomes

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1919

Lot Details

  • 7,492 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,000
  • Assessor Parcel Number 490742

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $4,000
  • Water Sewer Expense $6,900
  • Operating Expense $18,665
  • Net Operating Income $65,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,500

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1919
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Partial, Unfinished
  • Living Area: 2600
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN5131
  • MAIN SO: BB3298

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6900

Lot Info

  • Parcel Number: 490742
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7492
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10500

Multi Family

  • Insurance Expense: 4000
  • Net Operating Income: 65335
  • Number Of Units Total: 4
  • Operating Expense: 18665
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $1,000,000 +0.1% $385 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $999,000 -- $384 / 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 $11,579 $969,800 $217,100 $752,700
2024 $12,687 $1,018,200 $194,600 $823,600
2023 $10,094 $771,100 $174,400 $596,700
2022 $9,478 $689,800 $158,300 $531,500
2021 $9,207 $655,300 $152,200 $503,100
2020 $8,874 $592,400 $132,400 $460,000
2019 $7,562 $491,700 $128,600 $363,100
2018 $7,553 $462,800 $121,700 $341,100
2017 $6,656 $398,300 $118,300 $280,000
2016 $6,342 $364,900 $114,500 $250,400
2015 $6,588 $369,700 $113,700 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73278389

MLS Property Information Network (MLS PIN)

APN: FRAM M:055.0 B:0110 L:0021.0