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.
Multi-familyProperty Type
1887Year Built
7,841 sq ftLot Size
$318Est. Price/Sq.Ft.
8 spacesParking
Listed by Steve Leavey• Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Brendan Mitchell• eRealty Advisors, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
10
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
1966
Sq. Ft.
4,176
Year built
1887
Style
Multi-Family (5+ Unit)
County
Middlesex County
APN
490675
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
G
General Residence District
The purpose of the residential districts is to preserve the character of residential neighborhoods. The City contains five different residential zoning districts: Single Residence (R-1), Single Residence (R2), Single Residence (R-3), Single Residence (R-4), and General Residence (G). Each district varies in lot area, frontage, setbacks, open space Percentage, and height requirements. The R-1 and the G Districts contain the densest single family neighborhoods, while decreasing in density through to the R-4 District which contains the least dense and largest lots within Framingham
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Public service
Property details
Parking
Parking Information
Parking Spaces: 8
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full, Unfinished
Interior Features
# of Rooms (Total): 20
Flooring: Wood, Carpet
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #4 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 4,176
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 6
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 4 Family
Lot Information
Lot Size (Acres): 0.18
Lot Features: Corner Lot
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $9,994
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Location
Location Information
Directions: GPS
UnparsedAddress: 40 Freeman Street, Framingham MA 01702
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Public facts
Beds: 10
Baths: 4.0
Sq. Ft.: 4,176
Stories: 3.0
Lot Size: 7,841 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1887
Year Renovated: 1966
County: Middlesex County
APN: 490675
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Miriam F Mccarthy School
Public PreK-5 • Assigned • 0.8mi
4/10
Fuller Middle School
Public 6-8 • Assigned • 1.0mi
5/10
Framingham High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
51% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Framingham, MA • 01702
Average low and high temperatures (°F)
33
19
36
20
51
31
61
40
69
51
81
60
84
65
81
59
75
55
64
45
52
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.