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Premier Metrowest Investment Opportunity | Framingham. We are proud to present a rare and notable multi-family residence that perfectly marries preserved architectural heritage with modern capital improvements. Spanning over 3,000 square feet of living area, the building sits on a sprawling 13,068 square foot level lot-a significant land asset for the area. The property is comprised of five distinct 1-bedroom, 1-bathroom units and features an expansive parking area accommodating up to 10 vehicles.This asset has been meticulously cared for, with a history of thoughtful renovations culminating in the recent installation of individual high-efficiency gas boilers for every unit. This mechanical upgrade ensures streamlined operations and lower owner carry-costs.Current rents are positioned significantly below market value, offering a substantial "value-add" play for the incoming investor. To provide maximum flexibility for the new owner, the property can be delivered vacant at closing.

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Basic Information

  • Contingency Pending P&S
  • Gross Income $54,410
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusContingent
  • Parcel Number M:133 B:24 L:6708 U:000
  • Rent Includes Unit 1(Water)

Tax Information

  • Tax Assessed Value $837,200
  • Tax Year 2025
  • Taxes$9,996

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces10

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms5
  • Full Bath5

Basic Information

  • List Price$1,110,000
  • MLS Number73504053
  • Modification Date06/01/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date06/01/2026

Location

  • Address971 Waverly Street
  • Building Number971
  • CountyMiddlesex
  • StateMA
  • StreetWaverly Street
  • TownFramingham
  • Zip01702

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FoundationConcrete Perimeter
  • Levels 5
  • Rooms17
  • Stories5
  • Units5
  • Utilities For Gas Range
  • Year Built1820
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.3

Interior

  • Flooring Wood, Hardwood
  • Interior Features Laundry Room, Storage, Bathroom With Tub, Open Floorplan, Living Room

Exterior

  • Fencing Fenced/Enclosed
  • RoofShingle

Utilities

  • Electric Expense 1165
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,002
  • Lot Size Square Feet 13,068
  • Lot Size Units Acres
  • Square Feet3,002

Amenities

  • Appliances IncludedWasher, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
  • Other AmenitiesBasement
  • Security Features Security System

Other

  • Date Listed04/20/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by John Zhang of Boston Elite Realty Group

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