Broker, Real Estate Consultant
ASR, CBR, CRB, SRES, New construction, Staging & Relocation.


3 South Street, Marlborough, MA 01752

Multi-Family

$410,000
Price
$410,000
Sale Price

3
Units
2,808
Approx. GLA
**All offers due by Wednesday 7/12 at 9:00 pm.** Nicely updated 3 family in great downtown location with fantastic earning potential! Currently generating gross rents of $3,100 per month, but could easily be north of $4,000 if rents were increased to market rates. Units boast beautiful hardwood floors, granite countertops, updated kitchens and cabinetry, a tile shower surround in unit 2 and a beautiful valuted ceiling in unit 3! Plenty of offstreet parking. Minutes from I-495. Easy access to numerous shops, restaurants and other amenities. Currently all three units are occupied, but unit 1 will be delivered vacant at the time of the sale. The tenant in unit 1 is a family member of the seller.
Highlights
Sale Price: $410,000
Settled Date: 9/6/2017 12:00:00 AM
Basement Features: Full, Interior Access, Sump Pump, Concrete Floor
List Price: $410,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 7
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 2,808
MLS#: 72188602
 
 
Interior
Basement: Yes
Rooms: 15
Lead Paint: Yes
Total Floors: 3
Exterior
Water: No
Acres: 0.09
Lot Size: 3,867.00
Lot Description: Corner, Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 7
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Deck - Wood, Porch, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $138,000
Taxes: $2,114
Tax Year: 2017
Book/Page: 47560/455
Beach
Beach: No
Expenses
Gross Income: $37,200
Total Rent: $3,100
Net Income: $37,200
Additional
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $500
Unit 2 6 3 0 2 1 0 No 1 $1,300
Unit 3 5 2 0 3 1 0 No 1 $1,300
Units Extras
Unit 2
Interior:  Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Upgraded Cabinets, Tile Floor, Crown Molding  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Interior:  Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Upgraded Cabinets, Cathedral/Vaulted Ceilings  Rooms:  Living Room, Kitchen, Family Room 
Map
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The listing office is Stuart St James, Inc. and the listing agent is David Corey. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/27/2018 11:05:00 AM.
 
Joyce Torelli
Joyce Torelli
Broker, Real Estate Consultant
ERA Key Realty Services - Distinctive Group