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$1,329,000
Total Beds: 13 Total Baths: 7
Total Units: 5 SQFT: 4456
LOT size: 0.20 Acres
14-18 Cotting Ave
Marlborough, MA 01752
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This Property is No Longer Available

Property Description

Marvelous turnkey investment opportunity located in downtown Marlborough. This 5 family beauty was completely renovated finishing in 2021 including new electric, plumbing, systems and roof....all the work is done!!! Upstairs units have mini split heat and A/C. All the kitchens have new stainless steel appliances, including dishwashers + microwaves, granite countertops. The shaker style cabinets complete the beautiful kitchen renovations. All units have hardwood floors throughout, recessed lighting and ample size rooms...very desirable units in a great area. The building also boasts 9 parking spaces! Lease on the solar panels generates an additional $148.12 per month. ** OFFERS DUE TUESDAY 4/30 BY 3:00 PM ** Email to : dayma@comcast.net

Property Details

Building Information

  • Total Units: 5
  • Total Floors: 7
  • Total Bedrooms: 13
  • Total Full Baths: 7
  • Total Fireplaces: 1
  • Amenities: Park, Shopping

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 125208
  • Gross Expenses: 14576
  • Electric Expenses: 892
  • Water/Sewer: 4509
  • INSC: 3738
  • RFS: 5437
  • Net Operating Income: 123432

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73228728
  • Last Updated: 05/10/24

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Map

Seller's Representative: The Steve Bremis Team, Steve Bremis Realty Group
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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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.

MLS PIN data last updated at 2024-05-10 12:07:00

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