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    344 Bishop St

    Framingham, MA 01702
    • $589,000
    • STATUS: Active
    • MLS #: 72737806
    UPDATED: 15 min ago
    $589,000
    • 3
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,012
      SQFT
    • $293
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Dan Young of Realty Executives Boston West.

    Description

    Great opportunity to purchase a mixed use residential/commercial 3 family w/ a 2 car detached garage in Framingham close to the Natick town line. This is the first time this property has been on the market in many years. The commercial space is about 325 sq ft (see photos 11-14) and has been a long term barber shop operated by the owner. There is a 1st floor 1 bedroom apartment (see photos 3-9) and a 2nd floor 2 bedroom apartment (see photos 18-27). There is a full, unfinished basement with mechanicals and laundry hook-ups for each apartment. There is a detached 2 car garage each tenant uses as well as a driveway that can fit 4 cars. Nice corner lot with great exposure for yours, or tenants commercial business. Units could all be updated which would generate a greater monthly income for each unit and therefore a greater net income on your investment.

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    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 2020-10-23T23:08:20.54.
    www.seybothteamhomes.com/homes/110713274
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    344 Bishop St Framingham, MA 01702

    • Price: $589,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 72737806
    3
    Beds
    2
    Baths
    1
    ½ Baths
    0.11
    Acres
    2,012
    SQFT
    $293
    $/SQFT
    1932
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Great opportunity to purchase a mixed use residential/commercial 3 family w/ a 2 car detached garage in Framingham close to the Natick town line. This is the first time this property has been on the market in many years. The commercial space is about 325 sq ft (see photos 11-14) and has been a long term barber shop operated by the owner. There is a 1st floor 1 bedroom apartment (see photos 3-9) and a 2nd floor 2 bedroom apartment (see photos 18-27). There is a full, unfinished basement with mechanicals and laundry hook-ups for each apartment. There is a detached 2 car garage each tenant uses as well as a driveway that can fit 4 cars. Nice corner lot with great exposure for yours, or tenants commercial business. Units could all be updated which would generate a greater monthly income for each unit and therefore a greater net income on your investment.
    Exterior Features

    Beachfront No Color White Construction Frame Exterior Features Porch Foundation Poured Concrete Lot Description Corner Parking Features Off-Street Parking Spaces 4 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Unit2 RangeDisposalRefrigerator Appliances Unit3 RangeDishwasherRefrigerator Basement Yes Basement Features Walk OutInterior AccessSump Pump Bedrooms Unit1 0 Bedrooms Unit2 1 Bedrooms Unit3 2 Cooling Unit1 Wall AcIndividualUnit Control Cooling Unit2 None Cooling Unit3 None Cooling Units 1 Cooling Zones 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wall To Wall CarpetLaminate Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Full Baths Unit1 0 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Heating Unit1 ElectricIndividualUnit Control Heating Unit2 Hot Water RadiatorsGasIndividualUnit Control Heating Unit3 Hot Water RadiatorsGasIndividualUnit Control Hot Water Natural Gas Interior Features Unit1 Studio Interior Features Unit3 Ceiling Fans Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 10 Rooms Description Unit1 Office/Den Rooms Description Unit2 Living RoomKitchenOffice/Den Rooms Description Unit3 Living RoomDining RoomKitchenLiving Rm/Dining Rm ComboSunroom Rooms Unit1 1 Rooms Unit2 4 Rooms Unit3 5

    Property Features

    Adult Community No Amenities Public TransportationShoppingParkGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic School Apod Available Yes Assessments 343500.00 Disclosure Yes Disclosures Also Listed As Commercial Property. See Mls #72743358. Gross income is Residential Rents Plus Projected Commercial Space Rent. 1st Floor Apartment Tenant Has Lease Through September 2021. 2nd Floor Tenant is At-Will. Commercial Space is Vacant. Garage Has No Door. House Being Sold "As-Is" Electric Features CommonIndividually Metered400 Amps Expenses Source Owner Provided Expenses Year End 12/19 Gross Operating Income 43200 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lease Unit3 N Lender Owned No Multifamily Type 3 Family Net Operating Income 43200 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 800 Rent Unit2 1200 Rent Unit3 1600 Sewage District Mwra Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 5145.63 Terms Contract For Deed Utility Connections For Electric RangeFor Electric DryerWasher Hookup Water City/Town Water Year Built Description ActualRenovated Since Year Built Source Public Record Zoning G

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Dan Young of Realty Executives Boston West.


    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 2020-10-23T23:08:20.54.
     
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    The Seyboth Team | Century 21
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    Listing courtesy of Dan Young of Realty Executives Boston West.