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$ 3,450,000
Est. payment | /mo
11 Beds
17 Baths
10,007 SqFt
$ 3,450,000
Est. payment | /mo
11 Beds
17 Baths
10,007 SqFt
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,007 sqft
Price per Sqft $344
MLS Listing ID 73584002
Bedrooms 11
Full Baths 17
Year Built 1947
Annual Tax Amount $17,235
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type 5-9 Family
Property Description
17-unit brick garden-style apartment building with eleven (11) 1-BR apartments and six (6) large studios. Stabilized existing cash flow - GOING IN CAP RATE 6.78% + upside potential. Opportunity to upgrade kitchens and baths, but roof and heating systems updated within last 11 +/- years. Off-street parking, well-located near downtown and with easy access to I-495. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS
Location
State MA
County Middlesex
Zoning NB
Direction Located along Pleasant Street in Marlborough, MA close to downtown and I-495
Exterior
Total Parking Spaces 17
Garage No
Building
Lot Description Level
Story 4
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Carl Christie
Schools and Properties Nearby
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