NOT LISTED FOR SALE

566 Lincoln St Marlborough, MA 01752

French Hill Neighborhood
9 Beds
9 Baths
3,336 Sq Ft
0.25 Acres

Last Sold April 29, 2022

Last sale price $1,200,000 $360 Per Sq Ft

5 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Heating Available
  • Balcony
  • Coin Laundry

About This Home

As of April 2022

Come check out this cash cow 9 Unit fully occupied building. This building is ALL studio units with separate utilities, their own private balconies and there is off street parking for each unit. 7 out of 9 units are remodeled. ALL SHOWING WILL BE SATURDAY 03/05 from 1:00-3:00pm APT IS REQUIRED. ALL OFFERS BEST AND HIGHEST DUE MONDAY 03/07 BY 5:00PM.

Last Agent to Sell the Property

Ferrari Property Group

Keller Williams Pinnacle Central Listed on: 03/02/2022

Keller Williams Pinnacle Central

Co-Listed By

Gizely Guimaraes

Keller Williams Pinnacle Central

Last Buyer's Agent

Ferrari Property Group

Keller Williams Pinnacle Central Listed on: 03/02/2022

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 1920

Lot Details

  • 0.25

Home Design

  • 3,336 Sq Ft Home
  • Stone Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Utilities

  • 9 Heating Zones
  • Heating Available
  • Electric Water Heater

Additional Features

  • Balcony
  • 0.25 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $9,865
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:080 B:050 L:000,616420

Community Details

Overview

  • 9 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $23,160
  • Net Operating Income $95,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,550

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 3336
  • Stories Total: 5
  • MAIN LO: K95491
  • LIST PRICE PER Sq Ft: 344.72
  • PRICE PER Sq Ft: 359.71
  • MAIN SO: K95491

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 9
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:080 B:050 L:000,616420
  • Zoning: 1120
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • LOT SIZE: 10997
  • PAGE: 96

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9550
  • Tax Book Number: 71989

Multi Family

  • Gross Income: 118380
  • Net Operating Income: 95220
  • Number Of Units Total: 9
  • Operating Expense: 23160
  • Total Actual Rent: 9865
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

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
04/29/2022 04/29/22 Sold $1,200,000 +4.3% $360 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $1,150,000 +69.1% $345 / Sq Ft
12/07/2018 12/07/18 Sold $680,000 0.0% $204 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $680,000 -- $204 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Ferrari Property Group

    Keller Williams Pinnacle Central

    (508) 754-3020

    1 in this area

    166 Total Sales

    Ferrari Property Group
    Section Image
  • Gizely Guimaraes

    Seller Co-Listing Agent in 2022

    Gizely Guimaraes

    Keller Williams Pinnacle Central

    (508) 614-0953

    1 in this area

    59 Total Sales

    Gizely Guimaraes
    Section Image

  • G

    Seller's Agent in 2018

    Gary White

    White Real Estate

    (508) 485-1704

    4 in this area

    7 Total Sales

    Gary White
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72947436

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Marlborough 01752 French Hill

566 Lincoln St, Marlborough, MA

This home is located at 566 Lincoln St, Marlborough, MA 01752 since 02 March 2022. This property was built in 1920. 566 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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