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3-6 Witherbee Terr

Marlborough, MA 01752
  • $2,600,000
  • STATUS: Active
  • MLS #: 73175356
$2,600,000
  • 19
    BEDS
  • 0.24
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 8,190
    SQFT
  • $317
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing courtesy of Dennis Kelleher of Horvath & Tremblay.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-04T00:06:27.963.
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3-6 Witherbee Terr Marlborough, MA 01752

  • Price: $2,600,000
  • Status: Active
  • On Site: Days
  • MLS #: 73175356
19
Beds
11
Baths
0
½ Baths
0.24
Acres
8,190
SQFT
$317
$/SQFT
1925
Built
County:
Middlesex
Property Description
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.
Exterior Features

Covered Spaces 0 Garage YN No Open Parking YN Yes Parking Features Paved DriveShared Driveway Parking Total 0 Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances WasherDryer Basement Unfinished Building Area Total 8190 Fireplace YN No Fireplaces Total 0 Foundation Details Other Interior Features Laundry Room Lead Paint Unknown Rooms Total 34

Property Features

Buyer Agency Compensation 2% Electric CommonIndividually Metered Gross Income 279384 Home Warranty YN No Net Operating Income 211410 Operating Expense 67974 Property Sub Type 5+ Family - 5+ Units Side by Side Rent Includes Unit 1(HeatElectricWaterHot Water)Unit 2(Water)Unit 3(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 15105 Tax Year 2023 Total Actual Rent 23282 Transaction Broker Compensation 0 Water Source Public Year Built Details Approximate Zoning DD

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Dennis Kelleher of Horvath & Tremblay: 781-776-4000.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-04T00:06:27.963.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Dennis Kelleher of Horvath & Tremblay.