$1,350,000
SOLD JUL 14, 2025

597 Union Ave Framingham, MA 01702

9 Beds
5 Baths
3,794 Sq Ft
0.37 Acres

Recently Sold

$356 Per Sq Ft

10% Below List Price

80 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Property is near public transit
  • Granite Flooring
  • Deck
  • 4-minute walk to Bowditch Field Athletic & Cultural Complex

About This Home

As of July 2025

This spacious and well-maintained five-family property is ideally located near Framingham State University and the commuter rail station, offering excellent rental potential. Featuring ample off-street parking and a two-car garage, this investment is both convenient and highly desirable. Two of the five units have been fully renovated. The property boasts vinyl siding, a newer roof, and updated electrical systems, including a landlord meter. All utilities are separately metered, and newer water heaters have been installed. The building consists of four two-bedroom units and one studio/one-bedroom unit, providing a diverse rental mix. Professionally managed and meticulously maintained, this is a true turn-key investment. Additionally, there is potential for redevelopment, with the possibility of constructing 9 to 12 condominium units. Don't miss this rare opportunity—schedule a showing today!

Last Agent to Sell the Property

Robert Brown

RE/MAX Executive Realty Listed on: 03/14/2025

RE/MAX Executive Realty

Last Buyer's Agent

Luke Walen

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,350

Year Built

  • Built in 1877

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,794 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dirt Floor
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Harmony Grove Elementary School
  • Fuller Middle School
  • Framingham High School

Utilities

  • No Cooling
  • 2 Cooling Zones
  • Forced Air Heating System
  • 5 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $10,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 2880 / 52
  • Assessor Parcel Number 494492

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $915
  • Insurance Expense $1,808
  • Water Sewer Expense $9,700
  • Operating Expense $29,847
  • Net Operating Income $91,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,350

Year Built

Built in 1877

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1877
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Flooring: Vinyl, Varies, Hardwood, Tile
  • Interior Amenities: Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Kitchen, Living Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher
  • Total Bedrooms: 9
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer & Dryer Hookup, Washer Hookup
  • Basement: Bulkhead, Dirt Floor
  • Above Grade Finished Sq Ft: 3794
  • Living Area: 3794
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 362.41
  • PRICE PER Sq Ft: 355.82
  • MAIN SO: AN3817

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Granite
  • Frontage Length: 7777
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • 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
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 9700

Lot Info

  • Parcel Number: 494492
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16204
  • Lot Size Units: Acres
  • PAGE: 597

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14350
  • Tax Block: 52
  • Tax Book Number: 74730
  • Tax Lot: 2880
  • Tax Map Number: 101

Multi Family

  • Electric Expense: 915
  • Gross Income: 121800
  • Insurance Expense: 1808
  • Net Operating Income: 91953
  • Number Of Units Total: 5
  • Operating Expense: 29847
  • Total Actual Rent: 10100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

MLS Schools

  • High School: Framingham
  • Elementary School: Harmony Grove
  • Middle Or Junior School: Fuller

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Range of Values:

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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 Change Sq Ft Price
07/14/2025 07/14/25 Sold $1,350,000 -1.8% $356 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $1,375,000 -1.8% $362 / Sq Ft
05/08/2025 05/08/25 Price Changed $1,400,000 -6.7% $369 / Sq Ft
03/14/2025 03/14/25 For Sale $1,500,000 +224.0% $395 / Sq Ft
03/19/2018 03/19/18 Sold $463,000 +2.9% $114 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $449,900 -- $110 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73345668

MLS Property Information Network (MLS PIN)