120 Franklin St, Framingham MA 01702

Framingham, MA 01702

$1,675,000

Est. $9,993/month

Beds

Baths

9,606

Sq Ft

$174

Price/Sq Ft

0.16

Acres

1900

Year Built

5-9 Family

Type

Days on Market

Active Price Drop -$300,000 Listed Sep 15, 2025 • MLS# 73429229 Copied!

About this home

Exceptional opportunity to acquire a fully leased 8-unit multifamily asset featuring a desirable mix of one-bedroom and two-bedroom units. Each unit has great layout, plenty of sunlight, and all bathrooms have tubs. This is ideally located in the travel hub of Framingham with easy access to 495, rt.s 9, 126, 135, the pike and it’s only a ½ mile from the Framingham/Worcester commuter rail stop. All units are currently rented with stable TAW tenancy in place, providing immediate cash flow for investors. The property has been well-maintained and offers strong upside potential through future rent increases and value-add improvements. This property offers a great blend of location, stability, and long-term growth potential.

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

9,606 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1900

Living Area 9,606 sq ft

Lot Size 0.16 acres

Bedrooms 12

Full Baths 8

Total Rooms 28

Interior

Heating Baseboard, Natural Gas

Cooling Window Unit(s)

Flooring None

Appliances Range, Refrigerator

Fireplace None

Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished

Laundry None

Features Living Room, Kitchen

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive, Off Street, Assigned, Paved

Total Spaces 4

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $15,885

Assessed Value $1,364,700

Interior Features

Flooring:

Appliances: Range, Refrigerator

Interior Features: Living Room, Kitchen

Windows:

Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation: Stone

Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas

Heating Zones: 8

Cooling: Window Unit(s)

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Level

Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4

Parking Features: Paved Drive, Off Street, Assigned, Paved

Location

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Neighborhood

120 Franklin St, Framingham MA 01702

Framingham, MA 01702

Walkability

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Schools

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Down Payment

Down: $0

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,324

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Sep 15, 2025

$1,675,000

Original listing

Office: Keller Williams Boston MetroWest

Date	Event	Price	Change	$/sqft	Details
09/15/2025	🏠 Listed for Sale	$1,675,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Sep 15, 2025	New Listing Added	$1,675,000	—

Market Statistics

Days on Market

82 days

Price per Sq Ft

$174

Total Price Drop

-$300,000

Tax History

Year	Taxes	Assessment
2025	$15,885	$1,364,700

Financial Details

Annual Property Tax

$15,885

Tax Year 2025

Assessed Value

$1,364,700

Listing Information

Listing Agent Colby Auger

Listing Office Keller Williams Boston MetroWest

Agent MLS ID CN229948

Office MLS ID AN5720

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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120 Franklin St, Framingham MA 01702

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

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Schools

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Listed for Sale

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