62-64 Pearl St., Framingham, MA hero image
For Sale Framingham, MA

A Three-Family Investment Steps From Downtown Framingham

7Bedrooms
4Bathrooms
3,384Sq Ft
$945,000
Introduction

A Solid Three-Family Asset With Parking and Recent Upgrades

Built in 1890, this three-family property sits on a stone foundation with a full unfinished basement for storage. Seven bedrooms and four bathrooms are split across three units, each with its own layout and privacy. Hot water tanks were replaced in 2017, 2022, and 2024, and select units have updated kitchens and bathrooms. The 0.13-acre lot includes six off-street parking spaces, a genuine advantage this close to downtown.

Overview
Choose Your Perspective

A Day in the Life

A Location That Works for Tenants and Owners Alike

Lifestyle Context
The community Perspective

Neighborhood Stability and Educational Access

ConnectedAccessibleEstablished
Morning

Residents drop off children at The Teddy Bear Village Bilingual Child Care Center, located less than a mile away. A quick stop at Franklin St Cafe provides morning coffee before the day begins.

Afternoon

Students walk from Paul F Barbieri Jr Elementary School to the nearby Boys & Girls Clubs of MetroWest for afternoon activities. The property's six parking spaces offer convenient parking upon return.

Evening

Dinner features takeout from Bronzetti's Pizza & Kitchen, located a short drive from the home. Afterwards, residents organize belongings in the full unfinished basement.

Details

Practical Updates That Support Long-Term Value

Interiors combine tile and laminate flooring, chosen for durability across three active units. Natural gas heating serves the building, a dependable system for New England winters. The first-floor unit has a kitchen and bathroom redone about six years ago, plus a second bathroom added in 2017. The second-floor unit has a bathroom updated around the same time and a stove that's four years old.

First-floor kitchen and bathroom remodeled roughly six years ago
Natural gas heat with a stone foundation built to last
Tile and laminate flooring built for durability across units
Features
The Neighborhood

A Stable, Walkable Neighborhood Near Downtown

This part of Framingham balances a quiet residential feel with real convenience. It's known as a family-friendly area where residents tend to stay for years, a good sign for any investor counting on tenant retention. Parks, a house of worship, and shopping are all close by, giving the neighborhood a complete, lived-in character.

41/100Walkability
12Restaurants
4Cafes
6Parks
Neighborhood Vibe
Neighborhood Gems

The Local Map

Investment Context

A Resilient Asset in a Tight Framingham Market

The same qualities that make this neighborhood pleasant to live in, walkability, transit, and steady demand, are what keep its housing market tight. Low inventory and consistent buyer interest have made well-located multi-family properties like this one increasingly competitive.

A tight 2.0-month supply of inventory highlights the competitive nature of the local market.View Data
Homes in Framingham are selling at an average of 101.3% of their original list price.View Data
Steady median sold-price growth demonstrates the long-term resilience of the area.View Data
Ben Resnicow

Ben Resnicow

Commonwealth Standard Realty Advisors

Interested in this property?

Inquire about 62-64 Pearl St., Framingham, MA

Or fastest response
Text Ben Now