55 Pleasant St Pending

Marlborough,MA 01752

$ 2300000

25 Beds

13 Baths

12898 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 12,898 sqft

Price per Sqft $178

MLS Listing ID 73318697

Bedrooms 25

Full Baths 13

Year Built 1900

Annual Tax Amount $13,510

Tax Year 2024

Lot Size 0.380 Acres

Acres 0.38

Property Description

The 13 unit multi-family portfolio in Marlborough MA provides a unique value add investment opportunity. The portfolio consists of three separate structures with a common parking area of 21 spaces. The current ownership recently renovated 2 Pleasant Place, which gives a roadmap for a new owner to follow to achieve increased rental income on the rest of the units. Projected proforma gross rental income of $429,600 after renovations.See projected income numbers as well as some historical expense numbers and virtual tour link on attached brochure.Group showing Friday December 13 at 12noon. Must be registered with listing agent.Offers due by 5pm on Wednesday December 18.

Location

State MA

County Middlesex

Zoning NB

Direction Three building complex located in Marlborough MA

Exterior

Total Parking Spaces 21

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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