NOT LISTED FOR SALE

523 Lincoln St Marlborough, MA 01752

French Hill Neighborhood
7 Beds
4 Baths
2,382 Sq Ft
4,356 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $505,000 $212 Per Sq Ft

9 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Waterfront
  • Porch
  • Vinyl Flooring

About This Home

As of March 2022

Don't miss this rare opportunity to add a 4 unit multi family building to your portfolio. Two 2 bedroom apartments plus 2 one bedroom apartments. Spacious floor plans offer cabinet packed kitchens-good size living room and bedrooms. Separate gas heating systems-gas water heaters-5 electric panels. Carefree vinyl siding and replacement windows. Front and back staircases. Plenty of off street parking for 9+ cars. Below market rents offer room for improvements and additional income. All tenants at will. Landlord will not deliver vacant. This is an estate sale. Seller has limited knowledge of the property. Prime location w/easy access to major routes, shopping, dining, entertainment and public transportation. Call us today for more details!

Last Agent to Sell the Property

Stefanie Ferrecchia

Dora Naves & Associates Listed on: 12/22/2021

Last Buyer's Agent

Stefanie Ferrecchia

Dora Naves & Associates Listed on: 12/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,852

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,382 Sq Ft Home
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 4 Heating Zones
  • Heating Available

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,015
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:068 B:201 L:000,613817

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Net Operating Income $36,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,852

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen), Unit 4 Rooms(Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 2382
  • Stories Total: 6
  • MAIN LO: BB3955
  • LIST PRICE PER Sq Ft: 180.48
  • PRICE PER Sq Ft: 212.01
  • MAIN SO: BB3955

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, Unknown To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:068 B:201 L:000,613817
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4224
  • PAGE: 291

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4852
  • Tax Book Number: 22275

Multi Family

  • Gross Income: 36180
  • Net Operating Income: 36180
  • Number Of Units Total: 4
  • Total Actual Rent: 3015
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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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
03/24/2022 03/24/22 Sold $505,000 +17.5% $212 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $429,900 -- $180 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stefanie Ferrecchia

    Seller's Agent in 2022

    Stefanie Ferrecchia

    Dora Naves & Associates

    (508) 864-6321

    12 in this area

    140 Total Sales

    Stefanie Ferrecchia
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72929336

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Marlborough 01752 French Hill

523 Lincoln St, Marlborough, MA

This home is located at 523 Lincoln St, Marlborough, MA 01752 since 22 December 2021. This property was built in 1900. 523 Lincoln St is a home located in Middlesex County with nearby schools including Marlborough High School, Advanced Math & Science Academy, and New Covenant Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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