Description
This is a One of a Kind Investment located in Downtown Framingham! 62-64 Cedar street (2 Family) and 66 Cedar Street (Single Family) are two attached properties on the same 7,000 sqft Lot. All three units are well-kept and leased,currently generating $4,900/month. The CAP rate is over 8%. There is so much upside for rent maximization.All three units have good size bedrooms and the property has been professionally managed.62-64 Cedar street is a 2family dwelling: Unit 1: Duplex 5 bed/1 bath and Unit 2: 2 bed/1 bath. 66 Cedar street is a 2 bed/1bath single family home with on-site laundry. All separate systems. Lot equipped to offer 7+assigned parking spots. Two family and Single is offered as a package deal ONLY! Deal contingentupon seller identifying and securinga 1032 exchange.
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8BEDS
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0.16ACRES
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3BATHS
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01/2 BATHS
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3,307SQFT
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$219$/SQFT
School Ratings & Info
Description
This is a One of a Kind Investment located in Downtown Framingham! 62-64 Cedar street (2 Family) and 66 Cedar Street (Single Family) are two attached properties on the same 7,000 sqft Lot. All three units are well-kept and leased,currently generating $4,900/month. The CAP rate is over 8%. There is so much upside for rent maximization.All three units have good size bedrooms and the property has been professionally managed.62-64 Cedar street is a 2family dwelling: Unit 1: Duplex 5 bed/1 bath and Unit 2: 2 bed/1 bath. 66 Cedar street is a 2 bed/1bath single family home with on-site laundry. All separate systems. Lot equipped to offer 7+assigned parking spots. Two family and Single is offered as a package deal ONLY! Deal contingentupon seller identifying and securinga 1032 exchange.
The property listing data and information 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 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 set forth herein. Data last updated 2021-04-13T08:07:57.74.