$1,905,000
SOLD AUG 27, 2025

32-38 Main St Marlborough, MA 01752

-- Bed
13.5 Baths
4,359 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$437 Per Sq Ft

13% Below List Price

65 Days on Market

About This Home

As of August 2025

THIS IS A MIXED USE BUILDING! Exceptional Investment Opportunity... A 14-Unit Mixed-Use Building in the heart of bustling Marlborough! This prime property features 3 commercial spaces, including a beautifully renovated salon that occupies 2 of the spaces. In addition, the building boasts 11 residential units, many of which have been recently renovated. Located in the highly desirable downtown area, this property benefits from a very low vacancy rate, making it a stable and attractive investment. With a gross annual income exceeding $210K, this is an outstanding opportunity you won’t want to miss!

Last Agent to Sell the Property

Adam Day

Steve Bremis Realty Group Listed on: 04/03/2025

Last Buyer's Agent

Robert Jordan

Jordan Property Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,579

Year Built

  • Built in 1900

Lot Details

  • 4,369 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 4,359 Sq Ft Home
  • Property has 1 Level

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $17,500
  • Assessor Parcel Number 614846

Community Details

Overview

  • 14 Units

Building Details

  • Electric Expense $18,178
  • Insurance Expense $7,422
  • Water Sewer Expense $5,169
  • Operating Expense $38,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,579

Year Built

Built in 1900

Lot Details

4,369 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Full Bathrooms: 13
  • Half Bathrooms: 1
  • Total Bathrooms: 14
  • Above Grade Finished Sq Ft: 4359
  • Living Area: 4359
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5028
  • MAIN SO: AC1736

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5169

Lot Info

  • Parcel Number: 614846
  • Zoning: Mixed
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4369
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9578.74

Multi Family

  • Electric Expense: 18178
  • Insurance Expense: 7422
  • Number Of Units Total: 14
  • Operating Expense: 38703
  • Total Actual Rent: 17500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
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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 List to Sale Price per Sq Ft
08/27/2025 08/27/25 Sold $1,905,000 0.0% $437 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/30/2025 05/30/25 Off Market $1,905,000 -- --
04/22/2025 04/22/25 Price Changed $2,049,999 -6.8% $470 / Sq Ft
04/03/2025 04/03/25 For Sale $2,199,999 -- $505 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73354746

MLS Property Information Network (MLS PIN)
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