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$ 3,599,000
Est. payment | /mo
27 Beds
16 Baths
10,792 SqFt
$ 3,599,000
Est. payment | /mo
27 Beds
16 Baths
10,792 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 10,792 sqft
Price per Sqft $333
MLS Listing ID 73510776
Bedrooms 27
Full Baths 16
Year Built 1900
Annual Tax Amount $22,041
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Rare opportunity to acquire a recently renovated 16-unit property in highly desirable and rapidly growing Marlborough market. Situated on a corner lot, the property consists of three separate buildings surrounded by attractive landscaping.This investment offers strong and consistent performance, benefiting from a very low vacancy rate driven by its prime location and the quality of the apartments. The majority of units have been renovated within the past four years and feature modern finishes, including hardwood floors, granite countertops, shaker-style cabinetry, and stainless steel appliances—complete with dishwashers. (One studio unit will be renovated prior to closing.)Capital improvements extend beyond interiors, with updated plumbing and electrical systems throughout the property, providing added peace of mind for future ownership. The property also includes ample parking, enhancing convenience and appeal for residents.
Location
State MA
County Middlesex
Zoning Comm
Direction West Main Street to Broad Street.
Interior
Flooring Wood
Appliance Washer, Dryer
Exterior
Roof Type Shingle
Total Parking Spaces 13
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Steve Bremis Realty Group
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