
62-64 Pearl St. Framingham — Photo 1 of 35
Beds
7
Baths
4
SqFt
3,384
Style
3 Family
Built
1890
Calling all investors! 3-family offers a ~7% cap rate and $7500/month in gross rent roll. Building to convey with all tenants in place. All tenants long-term, 1st + 2nd floor have leases in place, 3rd floor is TAW. Recent upgrades include hot water tanks from 2017, 2022 and 2024. 1st floor kitchen and bathroom were redone ~ 6 years ago, a second bathroom was added in 2017. #2 stove is 4 years old and bathroom was done about 6 years ago. This is a great property to add to your portfolio with the potential for additional value add improvements. Superb location near downtown Framingham and commuter rail.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Framingham, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship
Geography
Population
39,789
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$82K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
65.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Elizabeth Bain
Listing Office: Commonwealth Standard Realty Advisors
MLS® Number: 73581608
Browse More Homes in Framingham
Explore other active listings in the area.
$789,90058 Lawrence StFramingham, MA4 bd2 ba2,145 sqft
$780,000164 Lockland AveFramingham, MA4 bd2 ba2,364 sqft
$655,000769 Potter RdFramingham, MA3 bd2 ba1,697 sqft
$759,9005 Hillside St.Framingham, MA3 bd2 ba1,842 sqft
$999,90042 Birch RdFramingham, MA6 bd4 ba2,073 sqft
$675,00015 Eaton Rd WFramingham, MA4 bd3 ba1,806 sqft