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369-371 Grant Street Condominium 369 Grant St 3 Unit Apartment Building $2,876,391 CAD ($958,797 CAD/Unit) 6.48% Cap Rate Framingham, MA 01702
Investment Highlights
- Retail store is downstairs unit
Executive Summary
New const. 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 with finished walls, flooring, ceiling, and bathroom.
Property Facts
| Price | $2,876,391 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $958,797 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.48% | Building Size | 5,200 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
| Zoning | General - R6 - Medium density residential district | ||
| Price | $2,876,391 CAD |
| Price Per Unit | $958,797 CAD |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,200 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.15/1,000 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 | $5,410 CAD | - |
| 3+2 | 2 | $6,095 CAD | - |
| Studios | 1 | $4,109 CAD | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | FRAM-000113-000010-009617 | Improvements Assessment | $513,915 CAD |
| Land Assessment | $294,899 CAD | Total Assessment | $808,814 CAD |
Property Taxes
Parcel Number
FRAM-000113-000010-009617
Land Assessment
$294,899 CAD
Improvements Assessment
$513,915 CAD
Total Assessment
$808,814 CAD
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369-371 Grant Street Condominium | 369 Grant St
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