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