47 Clinton St - Apartments FOR SALE


Framingham, MA 01702- Downtown Framingham
$750,000 USD
617-594-7634
47 Clinton St, Framingham, MA for Sale
$750,000 USD
Apartments - FOR SALE
1/43
null | 11.45% Cap Rate

47 Clinton St
Framingham, MA 01702
Downtown Framingham


HIGHLIGHTS

  • Spacious 5–6 bedroom, 3-bath property offering multiple occupancy options to maximize rental income and revenue—an ideal investment opportunity.
  • Desirable corner-lot property, move-in ready and ideally located to maximize rental income and investment potential.
  • Versatile open floor plan designed for comfort and relaxation, complemented by 5 bedrooms and 3 bathrooms for extended accommodations.

OVERVIEW

Charming 4-level colonial with 2-family potential in prime Framingham location. The property's expansive accommodations make it an excellent acquisition for short-term rentals, including traveling nurses, Bed & Breakfast, Airbnb, Vrbo, and a rooming house. Beautifully maintained home in the heart of Framingham, just a short walk to the train station and close to schools, university, restaurants, parks, trails, golf courses, medical facilities, and major highways. Features include an open-concept first floor, original red pine hardwood floors, detailed finished woodwork, custom wood window shades, and contemporary lighting. The home features two cozy gas fireplaces, complemented with a natural stone accent wall, and a modern kitchen with a grand island, perfect for entertaining. The house offers two spa-like bathrooms and a flexible-use bachelor’s suite. NOTE: The property is not currently a two-family dwelling; however, it is located within a zone that permits conversion to a two-family dwelling via special permit, offering an excellent investment opportunity.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

2

PRICE/UNIT

$375,000

CAP RATE

11.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1902

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

G

APN/PARCEL ID

FRAM-000128-000097-005275

ASK ABOUT THIS PROPERTY

Saul SanchezCityLight HomesMore Info
617-594-7634

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Saul SanchezCityLight HomesMore Info
617-594-7634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.