NOT LISTED FOR SALE

214 W Main St Marlborough, MA 01752

10 Beds
4 Baths
3,190 Sq Ft
0.29 Acres

Last Sold May 19, 2023

Last sale price $975,000 $306 Per Sq Ft

2 Days on Market

About This Home

As of May 2023

Cash cow!!!.....Fantastic turnkey investment opportunity in thriving Marlborough. This 4 family gem was completely renovated in 2021 including new electric, plumbing and several new heating systems. The four kitchens have new stainless steel appliances, including dishwashers + microwaves, granite countertops and shaker style cabinets complete the beautiful kitchens. All units have hardwood floors throughout, reassessed lighting and ample rooms. These are very desirable units in a great area. Other sources of revenue include a garage out back and solar panels contributing to monthly income of over $7,800.00! Plenty of parking too!

Last Agent to Sell the Property

Steve Bremis

Steve Bremis Realty Group Listed on: 03/01/2023

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

  • $7,453

Year Built

  • Built in 1920

Lot Details

  • 0.29

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,190 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,805
  • Assessor Parcel Number 616675

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,453

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1920
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 3190
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5028
  • LIST PRICE PER Sq Ft: 282.1
  • PRICE PER Sq Ft: 305.64
  • MAIN SO: BB5763

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 4

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 616675
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12841
  • Lot Size Units: Acres
  • PAGE: 9999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7453
  • Tax Book Number: 9999

Multi Family

  • Gross Income: 93600
  • Net Operating Income: 87600
  • Number Of Units Total: 4
  • Total Actual Rent: 7805
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

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Average Value
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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
05/19/2023 05/19/23 Sold $975,000 +8.3% $306 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $899,900 -- $282 / 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: 73083179

MLS Property Information Network (MLS PIN)