3 Family at 62-64 Pearl St., Framingham MA 01702, Framingham
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35 photos

$945,000

62-64 Pearl St., Framingham MA 01702
Framingham, MA 01702
Listed by Elizabeth Bain
Bedrooms
7
Bathrooms
4
Living area
3,384 sqft
Year built
1890

About this home

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.

Property details

MLS #
73581608
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
September 23, 2026
Stories
3
Total bathrooms
4
Garage spaces
N/A
Parking spaces
6
Lot size
0.13 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Barbieri Elementary
0.62 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
668
Student:teacher ratio
13.1:1
District
Framingham
Middle
Fuller Middle
0.96 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
632
Student:teacher ratio
11.3:1
District
Framingham
High
Joseph P Keefe Technical High School
0.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
850
Student:teacher ratio
9.8:1
District
South Middlesex Regional Vocational Technical

Walkability

Blended score for Framingham's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops14
Pharmacies2

Market position

How this listing compares to current activity in Framingham, from live MLS data.

On the market 1 days -- 94 fewer days than Framingham's current average of 95 days.
For reference, the median list price across 374 active listings in Framingham right now is $537,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$5,841/mo
$189,000 down
$756,000 loan
Principal & interest$4,903
Property tax (est.)$788
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 23 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.