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$1,199,999
Total Beds: 12 Total Baths: 3
Total Units: 3 SQFT: 3710
LOT size: 0.15 Acres
72-74 Chestnut St
Marlborough, MA 01752
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Property Description

LOCATION! and DE-LEADED! 3 story Townhouse style units with eat in kitchen, living room 4 bedrooms. Beautiful NEW DECKS and second egresses ($24K) lead to individually fenced back yards. Has Laundry - Washer and Dryer in individual basements. Well maintained by current Landlord with all systems serviced, ($30k in de-leading) $20k l2022 on reinforcing support. Updated kitchen cabinets, floors/carpet and baths. in all units. SEPARATE UTILITIES tenants pay. Conveniently located near downtown Marlborough off Rte 20 and minutes away to 495. In close proximity to Rail Trail, Ward Park and downtown shops. (Was previously condo-ed and converted back to 3 family for prior sale) Turn key MONEY MAKER.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 9
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Park, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access, Partially Finished, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Programmable Thermostat
  • Common Appliances: Dryer, Freezer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Individual, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 121596
  • Gross Expenses: 13236
  • Water/Sewer: 2400
  • INSC: 4005
  • Net Operating Income: 108360

Utilities

  • Heat Zones: 6
  • Electric Info: 110 Volts, 200 Amps, Circuit Breakers, Individually Metered, On-Site, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: None, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 3 Description

  • Included in Rent: None, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet
  • Lead Paint: Certified Treated, None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73224723
  • Last Updated: 05/08/24
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Oren Mael, Sapphire Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-08 03:05:00