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369-371 Grant Street Condominium 369 Grant St 3 Unit Apartment Building $1,850,000 ($616,667/Unit) 7.35% Cap Rate Framingham, MA 01702
EXECUTIVE SUMMARY
New const. condominium building designed & built by a well-known local builder. The building is located 1.2 miles to the train to Boston, min. from four outstanding shopping centers, a medical facility, Routes 126, 135, 9 and the Mass Pike, No expense has been spared in the construction using top of the line materials. . The rooms are large and airy with an open floor plan. The eat-in kitchens in 2 & 3 feature very large islands w/ seating for 4. There are loads of wooden cabinets, Quartz counter tops and all GE, Kitchen Aid or similar appliances. The bathrooms are lovely with tile walls and large vanities, one with a beautiful steam shower. Master baths have tubs and separate stall showers. The bedrooms are large w/ spacious closets and multiple windows. Off the kitchens are decks for 2nd & 3rd units; patio for unit 1. Solar and electric charging stations are planned for the parking area. Please check out the floor plans and spec. sheet for more details. There is a 1000 sf retail/office space attached to the building available for an additional cost.
PROPERTY FACTS
| Price | $1,850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $616,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 7.35% | Building Size | 4,201 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Zoning | General - R6 - Medium density residential district | ||
| Price | $1,850,000 |
| Price Per Unit | $616,667 |
| Sale Type | Investment |
| Cap Rate | 7.35% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,201 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | General - R6 - Medium density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Dining Room
- Family Room
- Pantry
- Patio
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $3,950 | - |
1 1
PROPERTY TAXES
| Parcel Number | FRAM-000113-000010-009617 | Improvements Assessment | $375,200 |
| Land Assessment | $215,300 | Total Assessment | $590,500 |
PROPERTY TAXES
Parcel Number
FRAM-000113-000010-009617
Land Assessment
$215,300
Improvements Assessment
$375,200
Total Assessment
$590,500
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369-371 Grant Street Condominium | 369 Grant St
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