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308 Hollis St, Framingham, MA, 01702

7beds
4baths
3,089sqft
$1,250,000
$405price/sqft
$8,383/moest. monthly cost
$335,320/yrincome needed

About This Home

Excellent investment opportunity in a prime Framingham location! Well-maintained 4-family property featuring a total of 7 bedrooms with a desirable unit mix consisting of one 3-bedroom unit, one 2-bedroom unit, and two 1-bedroom units. All units are clean, well-kept, and offer separate utilities, making management simple and efficient. Exterior features low-maintenance vinyl siding and ample off-street parking for tenants. A solid income-producing property ideal for investors looking to expand their portfolio or for an owner-occupant seeking rental income. Conveniently located near shopping, restaurants, public transportation, major commuter routes, and all that Framingham has to offer. Don't miss this rare multi-family opportunity!

Getting Around

69
WalkingSomewhat Walkable
42
TransitSome Transit
52
BikeBikeable

Schools

4/10
5/10
Fuller Middle SchoolGrades 6-81.6 mi
5/10
Framingham High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1867

Materials

  • Foundation: Stone,Brick/Mortar,Granite
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 4 Family - 4 Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Tile,Vinyl
  • Finished area above ground: 3,089

Interior Area

  • Total structure area: 3,089
  • Total interior livable area: 3,089 sqft

Property

Details

  • Parcel number: 492258
  • Zoning: M
  • Exclusions: All Of Owners And Tenants Personal Property
  • Foundation area: 777

Features

  • Waterfront features: Lake/Pond,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 10,019 sqft
  • Features: Level

Parking

  • Total spaces: 8
  • Parking features: Off Street
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$402$4,824
Property Taxes $1,052$12,624
Electricity $609$7,309
Total$8,383$100,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$287,417/yr
40% on housing$251,490/yr
45% on housing$223,546/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 01702$294
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01702$338
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$1,150,000
2026-07-13Listed for sale$1,250,000

For Sale by Agent

AgentRobert Brown
BrokerageREMAX Executive Realty

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