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202 E Main St, Marlborough MA 01752

$550,000

Estimated $1,278.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $275,000

Total Rent: 34440/year

Estimated CAP Rate: 5.42%

4 Bedrooms

2 Full Baths

1,951 SqFt

Total Parking: 10

7,806 SqFt

HOME HAS BEING COMPLETED RENOVATED in 2015. Renovations include: new flooring, new paint, newer windows. Make your appointment today, this will not last long. Home is located in a mixed zone usage that can be used for commercial and residential purposes. Downstairs unit is set up for Hair Salon with all the amenities, which contain a separate waiting room, a hair cutting area, hair washing area, spa and massage area, manicure and pedicure area. Second floor unit feature a renovated 2 bedroom and 1 bath apartment. Great investment property. DON'T MISS OUT ON THIS OPPORTUNITY. Both units are now TAW with notice.

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73073242)

Gross Income: $34,440

Gross Expenses: $4,641

Net Income Calc: $29,799

CAP Rate: 5.42%

Annual Expenses for 202 E Main St, Marlborough MA 01752

Total Gross Expenses (Calculated)$4,641/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,641

Annual Income & Unit Breakdown for 202 E Main St, Marlborough MA 01752

Total Gross Income (Calculated)$34,440

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,370

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 202 E Main St, Marlborough MA 01752

Listing ID73073242

Property TypeMulti Family / 2 Family

Price$550,000 ($281.91/SqFt)

Style2 Family - 2 Units Up/down

CityMarlborough

CountyMiddlesex

MLS AreaEast Marlborough

Neighborhood(s)

Approximate Living Area Total1,951 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking10

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningMixed use

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 202 E Main St, Marlborough MA 01752

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$34,440

Total Net Income By Broker$34,440

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 202 E Main St, Marlborough MA 01752

Real Estate Taxes$4,641

Tax Year2023

Assessed Value$402,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$34,440

BostonRealEstate.com Gross Income

Total Net Income By Broker$34,440

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.42%

Location Information for 202 E Main St, Marlborough MA 01752

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Marlborough

Area AmenitiesConservation Area, Highway Access, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Other, Sidewalks

Contact Information for 202 E Main St, Marlborough MA 01752

Agent

Name: Donna Warren-Holmes

Office

Name: ERA Key Realty Services - Distinctive Group

Phone: 508-303-3434

Payment Calculator

, Interest

Property Taxes 386.75

Principal & Interest 3388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services - Distinctive Group

Donna Warren-Holmes

Agent Phone

Office Phone

(508) 303-3434

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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[terms] => Array
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    [year_built_details] => Renovated Since
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    [zoning] => Mixed use
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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073242&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:06
                    [modified] => 2024-05-07 02:46:06
                )

[21] => Array
                (
                    [id] => 7041906
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073242&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:06
                    [modified] => 2024-05-07 02:46:06
                )

[22] => Array
                (
                    [id] => 7041907
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073242&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:06
                    [modified] => 2024-05-07 02:46:06
                )

[23] => Array
                (
                    [id] => 7041908
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073242&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:06
                    [modified] => 2024-05-07 02:46:06
                )

[24] => Array
                (
                    [id] => 7041909
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073242&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:06
                    [modified] => 2024-05-07 02:46:06
                )

)

)

EXIT