HomeFramingham2 Family - 2 Units Up/Down12 & 14 Waverly Street, Framingham MA 01702
12 & 14 Waverly Street, Framingham MA 01702 — photo 1 of 211 / 21
$1,530,000
12 & 14 Waverly Street, Framingham MA 01702
2 units · 6 bd · 2 ba · 3,487 sqft · $765,000/unit
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INVESTMENT SNAPSHOT

Signal Score50 / 100
Est. Cap Rate2.4%
GRM27.7
Gross Scheduled Income$55,195/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Introducing a prime mixed-use property on Waverly St, Fantastic visibility, High Traffic count on Framingham/Natick line. This fantastic investment opportunity includes a fully rented two-family. Potential auto repair business, complete with a transferrable 3-space car license. Offering **3,487 sq. ft.** of versatile space, this property features separate utilities, ensuring tenants cover their own utility expenses. The 1st floor apartment is fully handicapped-accessible and includes 3 bed, 1 bath, a large kitchen, and a spacious living room. The 2nd floor unit offers 3 bed, 1 bath, an eat-in kitchen, large living room, plus additional attic space for storage or potential expansion. Unbeatable location just a short walk from the commuter rail & West Natick station, this property is perfect for both investors and owner-occupants alike. Don’t miss this incredible opportunity to enhance your portfolio with this property that is located in such a highly sought-after location!

Property details

Units2
Living area3,487 sqft
Lot size9,448 sqft
Year built1900
Price / sqft$439
CountyMiddlesex
MLS #73302726

Listing status

Days on market444 days
Listed onOctober 16, 2024

Taxes & financials

Annual property tax$8,400
Tax year2023
Assessed value$370,800
Zoningmixed use
Gross income (actual)$79,200/yr
Net operating income (actual)$79,200/yr
Total actual rent$13,100/mo

Building & lot

Stories2
Total rooms11
Lot size0.22 acres
Garage spaces4
Parking spaces14
ParkingPaved Drive, Off Street
BasementFull, Interior Entry, Concrete
FoundationBlock, Stone, Brick/Mortar
RoofShingle
ConstructionFrame
FlooringWood, Tile, Vinyl, Hardwood

Utilities & systems

HeatingBaseboard, Oil, Steam
SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Electric Dryer
AppliancesWasher, Dryer, Range, Refrigerator, Other

Location

More about investing in Framingham

Listing courtesy of Coldwell Banker Realty - Worcester — Keith Hollett. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 12 & 14 Waverly Street, Framingham MA 01702 have?

It is a 2-unit multi-family property with 3,487 sqft of living area, built in 1900.

How long has 12 & 14 Waverly Street, Framingham MA 01702 been on the market?

12 & 14 Waverly Street, Framingham MA 01702 has been listed for 444 days (since October 16, 2024).

What is the estimated cap rate on this 2-family in Framingham?

Based on area median rents, the estimated cap rate is about 2.4%, with a Signal Score of 50/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,530,000 across 2 units, that works out to roughly $765,000 per unit.

What are the property taxes on 12 & 14 Waverly Street, Framingham MA 01702?

Annual property taxes are $8,400 (2023), on an assessed value of $370,800.

What is the price per square foot?

At $1,530,000 for 3,487 sqft, that's about $439 per square foot.

Is there parking?

4 garage spaces and 14 total parking spaces (paved drive, off street).

Where is this property located?

12 & 14 Waverly Street, Framingham MA 01702 is in Framingham, Middlesex County, MA 01702.

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