

79-81 Franklin St Framingham MA
Significant rental income upside potential
Marketing 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, 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 / overflow work space. Accessibility is outstanding for both apartment renters and business users with the property only a short walk to the public transit train station, close to Route 135 with easy access to Ashland, Natick, Wellesley and Boston, and minutes from Route 9. It is one block from City Hall, two blocks from the Metro West Medical Center, and walking distance to over one hundred service businesses including restaurants, cafes, and retail stores.
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