971 Waverly St Framingham, MA 01702
Framingham AreaEstimated payment $6,929/month
Highlights
- Open Floorplan
- Bathtub
- Home Security System
- Wood Flooring
- Living Room
- Storage
About This Home
Premier Metrowest Investment Opportunity | Framingham. We are proud to present a rare and notable multi-family residence that perfectly marries preserved architectural heritage with modern capital improvements. Spanning over 3,000 square feet of living area, the building sits on a sprawling 13,068 square foot level lot—a significant land asset for the area. The property is comprised of five distinct 1-bedroom, 1-bathroom units and features an expansive parking area accommodating up to 10 vehicles.This asset has been meticulously cared for, with a history of thoughtful renovations culminating in the recent installation of individual high-efficiency gas boilers for every unit. This mechanical upgrade ensures streamlined operations and lower owner carry-costs.Current rents are positioned significantly below market value, offering a substantial "value-add" play for the incoming investor. To provide maximum flexibility for the new owner, the property can be delivered vacant at closing.
Co-Listing Agent
Joanna Wu
Boston Elite Realty Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,996
Year Built
- Built in 1820
Lot Details
- 13,068 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,002 Sq Ft Home
- Open Floorplan
- Living Room
- Storage
- Wood Flooring
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
- Bathtub
Laundry
- Dryer
- Washer
Parking
- 10 Car Parking Spaces
- Driveway
- 10 Open Parking Spaces
Utilities
- 5 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 1(water)
- Assessor Parcel Number M:133 B:24 L:6708 U:000
Community Details
Overview
- 5 Units
- Property has 1 Level
Building Details
- Electric Expense $1,165
- Insurance Expense $3,966
- Water Sewer Expense $13,212
- Operating Expense $21,896
- Net Operating Income $32,517
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,996 | $837,200 | $206,000 | $631,200 |
| 2024 | $10,091 | $809,900 | $183,200 | $626,700 |
| 2023 | $9,290 | $709,700 | $163,700 | $546,000 |
| 2022 | $8,660 | $630,300 | $148,500 | $481,800 |
| 2021 | $8,413 | $598,800 | $142,700 | $456,100 |
| 2020 | $8,109 | $541,300 | $124,400 | $416,900 |
| 2019 | $7,744 | $503,500 | $118,500 | $385,000 |
| 2018 | $5,831 | $357,300 | $110,300 | $247,000 |
| 2017 | $5,212 | $311,900 | $100,600 | $211,300 |
| 2016 | $5,421 | $311,900 | $100,600 | $211,300 |
| 2015 | $5,262 | $295,300 | $101,500 | $193,800 |
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 |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | Pending | -- | -- | -- |
| 05/30/2026 05/30/26 | Price Changed | $1,110,000 | -6.7% | $370 / Sq Ft |
| 04/19/2026 04/19/26 | For Sale | $1,190,000 | -- | $396 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $127,000 | -- | |
| Foreclosure Deed | $269,100 | -- | |
| Deed | $420,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | $200,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,415 | Commercial | |
| Previous Owner | $42,000 | Commercial | |
| Previous Owner | $361,600 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73504053
APN: FRAM M:133 B:24 L:6708 U:000
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Ask me questions while you tour the home.