RE/MAX Executive Realty

64 Pleasant, Marlborough, MA 01752

Commercial

$935,000
Price

1
Buildings
Commercial
Type of Comm.
8,284.00
Lot Size
*** MULTI-FAMILY / COMMERCIAL PROPERTY *** Great Investment opportunity, a mixed-use building with 6 total units, located in the heart of Downtown Marlborough, Consisting of ± 8,994 square feet. The property features one ground floor retail space, currently setup as a restaurant with approx. 1,500 s/f. and 5 spacious apartments. The apartments range from 1 to 3 bedrooms. Plenty of on-site parking, and storage including a 2 car garage. There is potential to expand and add additional rental units. There is a town municipal lot directly across from the building. Nothing on the market that compares to this property, it clearly has a solid investment potential and strong cash flow.
Open House
No scheduled Open Houses
Highlights
Lot Size: 8,284.00
Acres: 0.19
List Price: $935,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 2
Buildings: 1
Total Units: 6
Total Sq. Ft.: 8,994
Year Built: 1900
Approx. GLA: 8,994
MLS#: 72100314
 
 
Exterior
Acres: 0.19
Lot Size: 8,284.00
Parking Spaces: 15
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Exchange: No
Gross Annual Expenses: $26,433
Gross Annual Income: $84,000
Tax Year: 00
Net Operating Income: $57,567
Book/Page: 0/0
Sublet: No
Zone Description: Legal Conforming
 
Features
Retail Sq. Ft.: 1,500
Retail Units: 1
Residential Sq. Ft.: 7,400
Residential Units: 5
 
 
Additional
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
Map
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The listing office is RE/MAX Executive Realty and the listing agent is Mo Santangelo. 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 it's 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. The data was last modified on 4/24/2017 8:35:00 PM.
 
Mo Santangelo
Mo Santangelo
RE/MAX Executive Realty