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INVESTMENT SNAPSHOT
About this property
Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail.
Property details
| Units | 3 |
| Living area | 3,384 sqft |
| Lot size | 5,506 sqft |
| Year built | 1890 |
| Price / sqft | $279 |
| County | Middlesex |
| MLS # | 73581608 |
Listing status
| Days on market | 0 days |
| Listed on | September 23, 2026 |
Taxes & financials
| Annual property tax | $10,636 |
| Tax year | 2026 |
| Assessed value | $876,000 |
| Zoning | 3-fam |
| Gross income (actual) | $90,000/yr |
| Net operating income (actual) | $90,000/yr |
| Total actual rent | $7,500/mo |
| Insurance expense | $3,700/yr |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Shared Driveway, Off Street |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Flooring | Tile, Laminate |
Utilities & systems
| Heating | Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Framingham →
Listing courtesy of a MLS PIN member office. 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 62-64 Pearl St., Framingham MA 01702 have?
It is a 3-unit multi-family property with 3,384 sqft of living area, built in 1890.
How long has 62-64 Pearl St., Framingham MA 01702 been on the market?
62-64 Pearl St., Framingham MA 01702 has been listed for 0 days (since September 23, 2026).
What is the price per unit?
At a list price of $945,000 across 3 units, that works out to roughly $315,000 per unit.
What are the property taxes on 62-64 Pearl St., Framingham MA 01702?
Annual property taxes are $10,636 (2026), on an assessed value of $876,000.
What is the price per square foot?
At $945,000 for 3,384 sqft, that's about $279 per square foot.
Is there parking?
6 total parking spaces (paved drive, shared driveway, off street).
Where is this property located?
62-64 Pearl St., Framingham MA 01702 is in Framingham, Middlesex County, MA 01702.
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