Sold
494 Lincoln St, Marlborough, MA
Marlborough · MA 01752
- $580,000
- Price
- 4
- Beds
- 4
- Baths
- 2088
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
3 Units
Lot size:
8,920 Sq.Ft Lot
Price per square foot:
$263 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
Offers due by Monday 11/20 at 12pm. Opportunity knocks. Back on Market due to buyer's financing. Great for investors or for owner occupancy. Highly desirable locale with direct access to a number of major interstate highways, with many restaurants, shops, parks, bus all within walking distance. This lot, Zoned for 4-8 Family boast a 3-Family with great rental history, provides a great rental income potential with estimated cap rate of 7.8% in optimum conditions. Unit 1F and 1R was recently renovated in 2023 and Unit 2 in 2021. Many updates to mention such as roof (2020), read decks (2020/2021), new electrical wiring plus electric panels (2021), Energy Efficient Mini-Split in all units (2021), whole house insulation by Mass Save (2021). Don't miss this.
Neighborhood & Transit
494 Lincoln St, 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:
- 1177 days
- Listing Price:
- $549,000
- Price per Sq.Ft:
- $263
- Tax Assessment:
- $370,600 in 2023
- Taxes:
- $356 / Monthly
Home Facts
Interior Features
- Bedrooms
- 4
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 2,088 Sq.Ft
- Broker Disclosure about Living Area
- Approximate
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2088
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts
Exterior Features
- Lot Size
- 8,920 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dave DiGregorio
- Listing office
- Coldwell Banker Realty - Waltham
- MLS PIN #
- 73148467
- Disclosure
- Letter of Full Deleading Compliance - Unit 2 Deleaded. Property being sold as is. Buyer/ Buyers Agent to verify all information deemed reliable. Owner has never lived in the property. Rent for unit 3 was under market value.
- Disclosure
- Approximate