Excellent asset for investors looking for value add purchase opportunities through improvement. This large 4 family has 2 four bedroom and 2 two bedroom units with the same tenants in place for over 13 years. Rents currently are at 70% of HUD fair market values. Owner updates include 2 furnaces, 4 hot water heaters, exterior lighting, new 10 yr smoke detectors, entry porch and doors, chimney repairs and various unit improvements including flooring, bathroom fixtures etc. Great level corner lot close to downtown with plenty of offstreet parking and less than 1/2 mile from commuter rail. Close proximity to Framingham State University and the area's major businesses along the route 9 corridor. Easy access to shopping and Mass Pike.
Sold for $1,250,000
$1,250,000
40 Freeman St, Framingham, MA 01702
12beds
4,176sqft
4 Family
Built in 1887
-- sqft lot
$-- Zestimate®
$299/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Corner lotOffstreet parking
Zillow last checked:
Listing updated:
Listed by:
Steve Leavey 508-380-9365,
Berkshire Hathaway HomeServices Commonwealth Real Estate 508-655-1211
Bought with:
Brendan Mitchell
eRealty Advisors, Inc.
Source: MLS PIN,MLS#: 73380932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen
- Flooring: Wood, Carpet
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,176
- Total interior livable area: 4,176 sqft
- Finished area above ground: 4,176
Property
Parking
- Total spaces: 8
- Parking features: Off Street
- Uncovered spaces: 8
Lot
- Size: 7,841 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:128 B:96 L:6911 U:000,490675
- Zoning: G
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1887
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Framingham
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $837,000
- Annual tax amount: $9,994
- Date on market: 1/23/2026
- Total actual rent: 8350
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $1,250,000$299/sqft |
Source: MLS PIN #73380932 Report a problem | ||
| 5/28/2025 | Listed for sale | $1,250,000$299/sqft |
Source: MLS PIN #73380932 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01702
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Nearby schools
GreatSchools rating
- 4/10Miriam F Mccarthy SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Fuller Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Framingham High SchoolGrades: 9-12Distance: 2.7 mi
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- Massachusetts
- Middlesex County
- Framingham
- 01702
- 40 Freeman St
