Off Market

3-6 Witherbee Terrace, Marlborough, MA

Marlborough · MA 01752

$2,600,000
Price
19
Beds
11
Baths
8190
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 13 Units
Lot size: 0.24 Acre Lot
Price per square foot: $317 / Sq.Ft
Parking: No Parking

About this home

The Portfolio consists of four (4) adjacent two-story multi-family buildings and contains thirteen (13) units consisting of nine (9), Studio units, three (3) 2-Bedroom units and one (1) 4-Bedroom/2-Bathroom Single Family Home with 7,343 square feet of living area in 13,430 square feet of gross area on 0.38-acres of land zoned Neighborhood Business. This 13-unit multifamily portfolio is adjacent to the new Public Library Development & is situated in a private cul-de-sac. The Portfolio boasts an impressive in-place cash flow, presenting a unique opportunity for investors to acquire a high-performing asset with immediate cash flow. The opportunity exists to further unlock its potential by strategically renovating & programmatically upgrading the units in a desirable, high demand, supply constrained market. Each property in this portfolio is separately deeded, providing investors with the option to later sell each building to potential owner-occupants & maximize their return on investment.

Neighborhood & Transit

3-6 Witherbee Terrace, Marlborough · MA 01752

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1101 days
Listing Price:
$2,600,000
Price per Sq.Ft:
$317
Tax Assessment:
$1,308,900 in 2023
Taxes:
$1,259 / Monthly

Home Facts

Interior Features

Bedrooms
19
Full Bathrooms
11
Half Bathrooms
0
Living Area
8,190 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
8190
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks), Individually Metered

Exterior Features

Lot Size
10,454 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dennis Kelleher
Listing office
Horvath & Tremblay
MLS PIN #
73175356