Movoto Real Estate
Sold on 04/16/2026

79-81 Franklin, Framingham, MA 01702

$1,200,000

Last sold 04/16/2026 after 6 Days

  • 3

    bed

  • 4

    bath

  • 4,902

    Sqft ($245/Sqft)

Multi-family not for sale

About 79-81 Franklin

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 10,280 Sqft
Movoto estimate
Rental estimate
Property description
Ideally situated in the heart of downtown Framingham’s high-growth residential/business area, 79-81 Franklin Street, Framingham is a 4,902 SF multi-use building on .24 acre featuring four residential rental apartments and a beautiful street level office space currently housing a law firm. The multi-family portion includes three one-bedroom units and one studio unit, each unit separately metered for utilities, with two currently rented and two recently vacated, and all offering upside rental potential. The 2,250 SF first level office space is move-in ready and features four offices, a conference room, staff open area, en suite bathrooms, and street-facing exterior signage, and is available for owner occupancy or tenant income. The office level also offers the potential for conversion to additional residential units. The property also features approximately 700 SF of lower level basement storage. There are 9 on-site parking spaces. Seller reserves the right to accept an offer any time.
Listed by
Listing Agent - Jon Gordon
Listing Office - Gordon Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#73499740 • last updated 4 months ago
Movoto checked MLS Property Information Network, Inc. for data 37 minutes ago
Overview
Cooling/AC Window Unit(s), Wall Unit(s)
Heating Natural Gas, Electric
Levels/Style 4, 4
MLS # 73499740
Type Residential Income
Status Closed
SubType 4 Family
SqFt 4902
Lot Size (SqFt) 10280
Lot Size (Acres) 0.23
Annual Property Tax 15212
Year Built 1900
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 3
Total # of Rooms 7
Exterior
Foundation Brick/Mortar, Other
# Parking Spaces 8
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Shopping, Medical Facility, House Of Worship, T-Station
Zoning CB
Directions GPS
Multifamily Details
Net Operating Income 48
Total Actual Rent 4
Gross Income 48
$1.3M
Range: $1.17M-$1.43M
Last 30 days 
Rental est.: $4,666/month
Gross rent multiplier: 21.4
  • Jun 2026
    mls logo MLS # 73499740
  • Jun 22, 2026 Sold
    $1,200,000 (+4.3%)
  • Apr 10, 2026 Listed
    $1,150,000 (+64.3%)
  • Feb 2005
    Public Records
  • Feb 2, 2005 Sold
    $700,000
  • Year Property taxes Tax assessment
  • 2021
    $18,520 -6.6%
    $776,800 +26.56%
  • 2020
    $19,826
    $613,800
  • 79-81 Franklin
    $1.2M
  • Downtown Framingham
    — -100% y/y
  • 01702
    $499K -9% y/y
  • Framingham
    $644K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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