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Canceled

72-74 Chestnut St, Marlborough MA 01752

$1,200,000

Estimated $2,515.04/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $400,000

Total Rent: 121596/year

Estimated CAP Rate: 9.03%

12 Bedrooms

3 Full Baths

3,710 SqFt

Total Parking: 6

6,340 SqFt

LOCATION! and DE-LEADED! 3 story Townhouse style units with eat in kitchen, living room 4 bedrooms. Beautiful NEW DECKS and second egresses ($24K) lead to individually fenced back yards. Has Laundry - Washer and Dryer in individual basements. Well maintained by current Landlord with all systems serviced, ($30k in de-leading) $20k l2022 on reinforcing support. Updated kitchen cabinets, floors/carpet and baths. in all units. SEPARATE UTILITIES tenants pay. Conveniently located near downtown Marlborough off Rte 20 and minutes away to 495. In close proximity to Rail Trail, Ward Park and downtown shops. (Was previously condo-ed and converted back to 3 family for prior sale) Turn key MONEY MAKER.

This home has been viewed 108 times

Last Checked: October 7th, 2024 at 4:44pm (Source: MLS PIN #73224723)

Gross Income: $121,596

Gross Expenses: $13,236

Net Income Calc: $108,360

CAP Rate: 9.03%

Annual Expenses for 72-74 Chestnut St, Marlborough MA 01752

Total Gross Expenses (Calculated)$13,236/year

APOD AvailableYes

Heating

Electricity

Water$2,400

Gas$2,400

Insurance$4,005

Sewer$2,400

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,831

Annual Income & Unit Breakdown for 72-74 Chestnut St, Marlborough MA 01752

Total Gross Income (Calculated)$121,596

Unit 1

Rental Income$3,050

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(water

Unit 2

Rental Income$3,420

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(water

Unit 3

Rental Income$3,663

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(water

General Information for 72-74 Chestnut St, Marlborough MA 01752

Listing ID73224723

Property TypeMulti Family / 3 Family

Price$1,200,000 ($323.45/SqFt)

Style3 Family

CityMarlborough

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,710 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy FeaturesThermostat

Terms

Disclosures for 72-74 Chestnut St, Marlborough MA 01752

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$13,236

Total Gross Income By Broker$121,596

Total Net Income By Broker$108,360

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 72-74 Chestnut St, Marlborough MA 01752

Real Estate Taxes$6,831

Tax Year2024

Assessed Value$667,100

Financial Data SourceOwner

Total Gross Expenses By Broker$13,236

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$121,596

BostonRealEstate.com Gross Income

Total Net Income By Broker$108,360

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.03%

Location Information for 72-74 Chestnut St, Marlborough MA 01752

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Shopping, Park, Public Transportation, Sidewalks

Contact Information for 72-74 Chestnut St, Marlborough MA 01752

Agent

Name: Oren Mael

Office

Name: Sapphire Real Estate

Phone: 617-905-7172

Payment Calculator

, Interest

Property Taxes 569.25

Principal & Interest 7394.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sapphire Real Estate

Oren Mael

Agent Phone

Office Phone

(617) 905-7172

Text Agent Call Agent Call Office

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        )

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EXIT

Canceled

72-74 Chestnut St, Marlborough MA 01752

$1,200,000

Annual Expenses for 72-74 Chestnut St, Marlborough MA 01752

Annual Income & Unit Breakdown for 72-74 Chestnut St, Marlborough MA 01752

General Information for 72-74 Chestnut St, Marlborough MA 01752

Disclosures for 72-74 Chestnut St, Marlborough MA 01752

Financial Information for 72-74 Chestnut St, Marlborough MA 01752

Location Information for 72-74 Chestnut St, Marlborough MA 01752

Contact Information for 72-74 Chestnut St, Marlborough MA 01752

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Sapphire Real Estate

Oren Mael