131 Second St Framingham — Photo 1 of 8
$849,000
Investment Analysis — 131 Second St
Framingham, MA 01702
Based on rent reported on the MLS listing, a 2-unit multi-family in 01702 carries $4,590/mo in gross rent — about a 4.44% cap rate and $37,737/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,016
Style
2 Family - 2 Units Up/Down
Built
1964
Perfect property for the savvy investor! Beautifully maintained 2-family with 4-car garage, providing protected parking and additional storage. Fully rented under 30 Day Tenant at Will Agreements. Potential for additional income by renting garage bays individually for parking or storage. Up/down units each feature 2 bedrooms, a full bath, an eat-in kitchen, a spacious living room and washer/dryer. Separate, designated, secure storage area for each unit inside garage. Tenants pay for electric and gas. NEW roof, NEW boiler and NEW paved driveway/parking lot. Walking distance to commuter rail & other public transportation. Short driving distance to route 9 and 90 shopping areas.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Washer/Dryer
Neighborhood
Sidewalks
Geography
Property History
$849,000
Sep 9, 2026
MLS® 73574457
$795,000
May 24, 2026
MLS® 73508659
$795,000
Apr 28, 2026
MLS® 73508659
Listing Agent: Joseph Horan
Listing Office: Classic House Real Estate
MLS® Number: 73574457