27-31 Essex Street

    Marlborough, MA 01752
    • $759,000
    • STATUS: Active
    • MLS #: 72614824
    Price Reduced
    UPDATED: 59 min ago
    $759,000
    • 7
      BEDS
    • 0.36
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $211
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Mhs
    Listing courtesy of Dan Young of Realty Executives Boston West.

    Description

    Be surprised by this unique 3 family investment property in Marlborough. Total monthly rental income of $5,700 equals $68,400/yr. The property consists of a 2 family unit & a detached single family unit. Currently the single family 3 bed/1 bath rents for $2250/mo, the 1st floor of the 2 family w/ 2 beds/1 bath rents for $1700/mo & the 2nd floor unit w/ 2 beds/1 bath rents for $1750/mo. Both 2 bed units could easily be converted/rented as 3 beds providing more rental income/mo for a greater return on investment. All 3 units are in great shape w/ hardwood floors, newer windows, stainless appliances, private laundry, private driveways for each & a great back yard for all to use. Nice neighborhood location near Church St, shops, restaurants, major routes & more. Pics #2-13 are of single fam, pics #14-24 are of 2nd fl unit in the 2 fam and pics #25-36 are of the 1st fl unit in the 2 fam. No one is to walk the property without an appointment, NO EXCEPTIONS.

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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 2020-04-03T13:06:36.613.
    www.trustrealtyone.com/homes/102864305

    27-31 Essex Street Marlborough, MA 01752

    • Price: $759,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 72614824
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.36
    Acres
    3,600
    SQFT
    $211
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Elementary School:
    Kane Elementary
    Middle School:
    Whitcomb Middle
    High School:
    Mhs
    Property Description
    Be surprised by this unique 3 family investment property in Marlborough. Total monthly rental income of $5,700 equals $68,400/yr. The property consists of a 2 family unit & a detached single family unit. Currently the single family 3 bed/1 bath rents for $2250/mo, the 1st floor of the 2 family w/ 2 beds/1 bath rents for $1700/mo & the 2nd floor unit w/ 2 beds/1 bath rents for $1750/mo. Both 2 bed units could easily be converted/rented as 3 beds providing more rental income/mo for a greater return on investment. All 3 units are in great shape w/ hardwood floors, newer windows, stainless appliances, private laundry, private driveways for each & a great back yard for all to use. Nice neighborhood location near Church St, shops, restaurants, major routes & more. Pics #2-13 are of single fam, pics #14-24 are of 2nd fl unit in the 2 fam and pics #25-36 are of the 1st fl unit in the 2 fam. No one is to walk the property without an appointment, NO EXCEPTIONS.
    Exterior Features

    Beachfront No Color Yellow Construction Frame Exterior Vinyl Exterior Features DeckGuttersGarden Area Foundation Fieldstone Lot Description Paved Drive Parking Features Off-Street Parking Spaces 10 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 MicrowaveWasherDryerRefrigerator - Energy StarOven - Energy Star Appliances Unit2 WasherDryerRefrigerator - Energy StarOven - Energy Star Appliances Unit3 WasherDryerRefrigerator - Energy StarOven - Energy Star Basement Yes Basement Features Interior AccessConcrete Floor Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Units 0 Cooling Zones 0 Energy Features Insulated WindowsStorm Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wood Floors Unit1 1 Floors Unit2 2 Floors Unit3 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Heating Unit1 Hot Water RadiatorsGasIndividualUnit Control Heating Unit2 Hot Water RadiatorsGasIndividualUnit Control Heating Unit3 Hot Water RadiatorsGasIndividualUnit Control Hot Water Natural Gas Interior Features Unit1 Cable Tv AvailableBalcony/DeckHardwood FloorsPicture Window Interior Features Unit2 Ceiling FansWalk-Up AtticCable Tv AvailablePantryStorageBalcony/DeckTile FloorHardwood FloorsPicture WindowBathroom With Tub & Shower Interior Features Unit3 Ceiling FansCable Tv AvailablePantryStorageBalcony/DeckTile FloorHardwood FloorsPicture WindowBathroom With Tub & ShowerWall To Wall Carpet Levels 2 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Rooms 18 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchenLaundryOffice/Den Rooms Description Unit3 Living RoomDining RoomKitchen Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 6

    Property Features

    Amenities ShoppingParkWalk/Jog TrailsGolf CourseMedical FacilityHighway AccessPublic School Apod Available No Assessments 529200.00 Disclosure Yes Disclosures No One To Walk Property Without An Appointment. All Units Rented. Both Buildings Treated For Termites/ 8Yrs Left On GuaranteeSee Attached invoices. Expenses Are Estimated From Owner. Listing Agent Makes No Warranties/Representations As To Accuracy Of Listing info. Buyer/Agent To Verify All info. Electric Features 110 VoltsCircuit Breakers100 Amps Expenses Source Owner Provided Gross Operating Income 68400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 68400 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 2250 Rent Unit2 1750 Rent Unit3 1700 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Gla Estimated Sq Ft Source Other Tax Year 2019 Taxes 7446.00 Terms Contract For Deed Utility Connections For Gas RangeFor Electric DryerWasher Hookup Water City/Town Water Year Built Description ActualRenovated Since Year Built Source Public Record Year Round Yes Zoning Res

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Dan Young of Realty Executives Boston West.


    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 2020-04-03T13:06:36.613.
     
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    Listing courtesy of Dan Young of Realty Executives Boston West.