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


17 Gay Street, Marlborough, MA 01752

Multi-Family

$449,900
Price

3
Units
2,800
Approx. GLA
FANTASTIC NEW PRICE! DO NOT MISS THIS UPDATED SPACIOUS 3-FAMILY with much Hardwood Flooring, & SIDE BY SIDE PARKING for 6+ extra! UPDATES: Roof 2016/ Front Porch Summer of 2018/ 3 Water Heaters from 2016-2017/ Interior whole house painted @2016/ New Bulkhead 2018/ Thermopane Tilt Windows/ Sanding/Refinished HARDWOOD Flrs.Unit 1 & Unit 3 @2016/ New Dishwasher Unit 2-2016/Tiled Bathrm.2018/ New Refrigerators Unit 2 & 3 2017/ UNITS 2 & 3- LEAD Certificate. New Gas Range Unit 3 2017. All 3 units very good condition & spacious. ALL RENTS ARE UNDER MARKET RATE! TENANTS PAY THEIR OWN HEAT, HOT WATER, ELECTR. 2 GAS WEIL MCCLAIN FURNACES, 3rd. Unit=electric heat. Walk to library, downtown, minutes from Mall, and major rts! AMSA Charter, Memorial Beach=swimming, boating, basketball etc! INVESTORS=(Guaranteed Rate 15% down-NO PMI program-YOU MAY QUALIFY!). OWNER OCCUPIED BUYERS, can do low down payment! This is your chance-rents will offset your mortgage! "AS IS" at new price!
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor
List Price: $449,900
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Under Agreement
Beds: 6
Baths: 3
Units: 3
Year Built: 1880
Approx. GLA: 2,800
MLS#: 72405568
Interior
Basement: Yes
Electricity Cost: $400
Electric Features: Circuit Breakers, 60 Amps/Less, 100 Amps, Individually Metered
Heating Units: 3
Heating Zones: 3
Flooring: Tile, Wall to Wall Carpet, Hardwood
Hot Water: Tank
Rooms: 12
Lead Paint: Yes, Certified Treated
Total Floors: 3
Exterior
Water: No
Facing: South
Acres: 0.11
Lot Size: 4,883.00
Lot Description: Paved Drive, City View(s), Level
Foundation: Fieldstone
Parking Spaces: 6
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $288,200
Taxes: $4,216
Tax Year: 2018
Book/Page: 62984/22
Beach
Beach: Yes
Miles to Beach: 1 to 2 Mile
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $33,900
Gross Expenses: $5,985
Total Rent: $2,825
Net Income: $27,915
Insurance Cost: $2,400
R&M Cost: $585
Water Cost: $2,600
 
Additional
Amenities: Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station
Disclosure Declaration: No
Disclosure: ALL INFO=BEST OF SELLER'S KNOWLEDGE. 3rd Unit now Empty. Buyer/Buyer's agent do due diligence. Door to basement off 1st.flr.unit/kitchen door of side entry. NEW Bulkhead needs a few steps. INVESTORS 15% down Program, no PMI via Guaranteed Rate-must qualify! Some Knob/Tube. "AS IS" at NEW PRICE!
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $950
Unit 2 4 2 0 2 1 0 No 1 $1,050
Unit 3 4 2 0 3 1 0 No 1 $825
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Hardwood Floors, Walk-In Closet, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Interior:  Pantry, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Electric  Interior:  Hardwood Floors  Rooms:  Living Room, Kitchen 
Map
The listing office is ERA Key Realty Services - Distinctive Group and the listing agent is Joyce Torelli. 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 12/16/2018 9:05:00 PM.
 
Joyce Torelli
Joyce Torelli
Broker, Real Estate Consultant
ERA Key Realty Services - Distinctive Group