NOT LISTED FOR SALE
13 Beds
7 Baths
4,456 Sq Ft
8,632 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $1,350,000 $303 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Park
  • 3-minute walk to Union Common
  • 1 Fireplace
  • Shops

About This Home

As of July 2024

Marvelous turnkey investment opportunity located in downtown Marlborough. This 5 family beauty was completely renovated finishing in 2021 including new electric, plumbing, systems and roof....all the work is done!!! Upstairs units have mini split heat and A/C. All the kitchens have new stainless steel appliances, including dishwashers + microwaves, granite countertops. The shaker style cabinets complete the beautiful kitchen renovations. All units have hardwood floors throughout, recessed lighting and ample size rooms...very desirable units in a great area. The building also boasts 9 parking spaces! Lease on the solar panels generates an additional $148.12 per month. ** OFFERS DUE TUESDAY 4/30 BY 3:00 PM ** Email to : dayma@comcast.net

Last Agent to Sell the Property

Steve Bremis

Steve Bremis Realty Group Listed on: 04/25/2024

Co-Listed By

Adam Day

Steve Bremis Realty Group

Last Buyer's Agent

Didier Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1900

Lot Details

  • 8,632 Sq Ft Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,456 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Parking

  • 9 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $10,434
  • Assessor Parcel Number 614822

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $892
  • Insurance Expense $3,738
  • Water Sewer Expense $4,509
  • Operating Expense $14,576
  • Net Operating Income $123,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bathrooms: 7
  • Living Area: 4456
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN5028
  • LIST PRICE PER Sq Ft: 298.25
  • PRICE PER Sq Ft: 302.96
  • MAIN SO: BB5763

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4509

Lot Info

  • Parcel Number: 614822
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8632
  • Lot Size Units: Acres
  • PAGE: 492
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7260
  • Tax Book Number: 71080

Multi Family

  • Electric Expense: 892
  • Gross Income: 125208
  • Insurance Expense: 3738
  • Net Operating Income: 123432
  • Number Of Units Total: 5
  • Operating Expense: 14576
  • Total Actual Rent: 10434
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,350,000 +1.6% $303 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $1,329,000 +174.0% $298 / Sq Ft
05/31/2018 05/31/18 Sold $485,000 -3.0% $117 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $499,900 0.0% $120 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $499,900 -9.1% $120 / Sq Ft
01/31/2018 01/31/18 Price Changed $549,900 -1.6% $132 / Sq Ft
01/10/2018 01/10/18 Price Changed $559,000 -3.5% $134 / Sq Ft
12/28/2017 12/28/17 Price Changed $579,000 -1.7% $139 / Sq Ft
12/12/2017 12/12/17 For Sale $589,000 -- $142 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73228728

MLS Property Information Network (MLS PIN)

APN: MARL M:070 B:229 L:000