Karen McKiernan - Metrowest Realtor

344 BISHOP ST, Framingham, MA 01702  

Type of Comm.
Lot Size
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 15-24). 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.
Open House
No scheduled Open Houses
Lot Size: 4,500.00
Acres: 0.10
List Price: $589,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 2
Buildings: 1
Total Units: 3
Total Sq. Ft.: 2,337
Year Built: 1932
Approx. GLA: 2,337
MLS#: 72743358
Acres: 0.10
Lot Size: 4,500.00
Parking Spaces: 6
Parking Features: 1-10 Spaces, Garage, Paved Driveway
Construction: Frame
Roof Material: Asphalt/Composition Shingles
Location: Free Standing, Corner Lot, Neighborhood
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $212,400
Assessed Land Value: $131,100
Exchange: Yes
Taxes: $5,146
Tax Year: 2020
Book/Page: 29047/53
Sublet: No
Total Assesed Value: $343,500
Zone Description: Legal Non-Conforming
Office Sq. Ft.: 325
Office Units: 1
Residential Sq. Ft.: 2,012
Residential Units: 2
Disclosure Declaration: Yes
Disclosure: Also listed as a multi-family. SEE MLS 72737806. 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"
For Lease: Yes
Space Available: For Sale
Area Sales
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The listing office is Realty Executives Boston West and the listing agent is Dan Young. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.