RE/MAX Executive Realty

64 Pleasant St, Marlborough, MA 01752

Multi-Family

$935,000
Price

6
Units
8,994
Approx. GLA
*** 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
List Price: $935,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 9
Baths: 5
Half Baths: 2
Units: 6
Year Built: 1900
Approx. GLA: 8,994
MLS#: 72109618
 
Interior
Basement: Yes
Fireplaces: 1
Rooms: 20
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.20
Lot Size: 8,824.00
Lot Description: Corner
Foundation: Poured Concrete
Garage Spaces: 2
Parking Spaces: 10
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $434,100
Taxes: $11,152
Tax Year: 2016
Book/Page: 46785/390
Beach
Beach: No
Expenses
Gross Income: $75,600
Gross Expenses: $21,334
Total Rent: $7,000
Net Income: $54,266
 
 
Additional
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 2 $1,000
Unit 2 5 2 0 2 1 0 No 2 $1,200
Units Extras
Common
Cooling:  Other (See Remarks)  Applicances:  Range, Other (See Remarks)  Heating:  Other (See Remarks)  Interior:  Other (See Remarks)  Rooms:  Other (See Remarks) 
Map
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 4/28/2017 5:35:00 AM.
 
Mo Santangelo
Mo Santangelo
RE/MAX Executive Realty