REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,300,000
Est. payment | /mo
25 Beds
13 Baths
12,898 SqFt
$ 2,300,000
Est. payment | /mo
25 Beds
13 Baths
12,898 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 12,898 sqft
Price per Sqft $178
MLS Listing ID 73318697
Bedrooms 25
Full Baths 13
Year Built 1900
Annual Tax Amount $13,510
Tax Year 2024
Lot Size 0.380 Acres
Acres 0.38
Property Description
The 13 unit multi-family portfolio in Marlborough MA provides a unique value add investment opportunity. The portfolio consists of three separate structures with a common parking area of 21 spaces. The current ownership recently renovated 2 Pleasant Place, which gives a roadmap for a new owner to follow to achieve increased rental income on the rest of the units. Projected proforma gross rental income of $429,600 after renovations.See projected income numbers as well as some historical expense numbers and virtual tour link on attached brochure.Group showing Friday December 13 at 12noon. Must be registered with listing agent.Offers due by 5pm on Wednesday December 18.
Location
State MA
County Middlesex
Zoning NB
Direction Three building complex located in Marlborough MA
Exterior
Total Parking Spaces 21
Garage No
Building
Lot Description Other
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Aho Properties, LLC
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449