13 Hamilton St, Framingham, MA, 01701
Property Details
7
3
multi family
Description
Multi Family in Framingham, MA - Bedrooms: 7 - Bathrooms: 3 - Area: 2535 sqft - Year Built: 1892 - Lot: 4792 sqft
Listing Agent: Zhao Wang Brokerage: LAER Realty Partners
Turnkey 2-family in sought-after Saxonville, generating $6,400/month in gross rent, with unit 2 occupied and unit 1 delivering vacant possession by end of May-ideal for owner-occupants or investors looking to set market rent from day one. Over $300K in a full studs-out renovation-new roof, full electrical rewire, new plumbing throughout, HVAC, 2 modern kitchens, and 3 full baths-all fully permitted, documented, and lead compliant. 5.8% cap rate, priced below comparable renovated multi-families in the market.The upside is built in: a rare by-right ADU conversion opportunity under the 2025 MA Affordable Homes Act may allow the third floor to be converted into a legal unit without a variance-with potential parking relief further streamlining the path to a projected $1.3M+ valuation.Walkable to the Framingham MBTA commuter rail (0.5 mi) and the Cochituate Rail Trail (0.2 mi). A strong fit for investors, 1031 exchange buyers, and owner-occupants alike.First showings at Open House 4/4 12-2pm
Location
Address
13 Hamilton St, Framingham, MA, 01701
City
Framingham
Features and Finishes
Bedrooms: 7, Total Rooms: 15, Total Bathrooms: 3, Full Bathrooms: 3, Pantry, Lead Certification Available, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Smart Thermostat, Remodeled, Slider, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den, Flooring: Tile, Disposal, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Washer/Dryer, Range, Microwave, Cooling Features: Window Unit(s), Heating Features: Forced Air, Electric, Natural Gas, Heating: Yes, Balcony/Deck, Road Surface Type: Paved, Deck: Yes, Lot Description: Corner Lot, Level, Lot Size Acres: 0.1100092, Lot Size Square Feet: 4792, Open Parking: Yes, Parking Features: Paved Drive, Driveway, Parking Total: 5, Elementary School: Mary E. Stapleton Elementary, High School: Framingham High School, Middle School: Cameron Middle School, Gross Income: 76800, Rent Includes: Unit 1(Water), Unit 2(Water), Number of Units: 2, Community Features: Shopping, Park, Walk/Jog Trails, Medic
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