The Portfolio consists of four (4) adjacent two-story multi-family buildings and contains thirteen (13) units consisting of nine (9), Studio units, three (3) 2-Bedroom units and one (1) 4-Bedroom/2-Bathroom Single Family Home with 7,343 square feet of living area in 13,430 square feet of gross area on 0.38-acres of land zoned Neighborhood Business. This 13-unit multifamily portfolio is adjacent to the new Public Library Development & is situated in a private cul-de-sac. The Portfolio boasts an impressive in-place cash flow, presenting a unique opportunity for investors to acquire a high-performing asset with immediate cash flow. The opportunity exists to further unlock its potential by strategically renovating & programmatically upgrading the units in a desirable, high demand, supply constrained market. Each property in this portfolio is separately deeded, providing investors with the option to later sell each building to potential owner-occupants & maximize their return on investment.
Property Details
Property Features
Property Information:
Year Built: 1925
Living Area: 8,190 SqFt
Listing Office:
Office Name: Horvath & Tremblay
Listing Agent: Dennis Kelleher
Interior Features
Interior Information:
Appliances: Washer, Dryer
Basement: Yes
Interior: Laundry Room
Bedroom and Bathroom Information:
Full Bathrooms: 11
Total Bedroom Count: 19
Exterior Features
Parking Information:
Parking: Paved Drive, Shared Driveway
Lot Features
Lot Information:
Lot Size: 0.24 Acres
School Info
Assigned Schools Information:
Marlborough High School, Public District Grades 9-12
1 Lt Charles W. Whitcomb School, Public District Grades 5-8
Richer, Public District Grades KG-4
Other
Directions Information:
Directions: Please use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
Price Per SqFt: $317/SqFt
Agent Commission:
Buyer's Agent Commission: 2%
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Housing Market Comparison
See how this home compares to others in Marlborough, MA.
This property is $2.0M more than the Median Sold Price and $16/SqFt more than other homes in Marlborough, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73175356
Listing Office:
Office Name: Horvath & Tremblay
Listing Agent: Dennis Kelleher
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/29/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Richer
80 Foley Rd
Distance between this listing and this school1.32 miles
Public District Grades KG-4
Middle School
4
/10
1 Lt Charles W. Whitcomb School
25 Union St
Distance between this listing and this school0.82 miles
Public District Grades 5-8
High School
3
/10
Marlborough High School
431 Bolton St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Assigned Schools
5
/10
Richer
80 Foley Rd
Distance between this listing and this school1.32 miles
Public District Grades KG-4
Nearby Schools
6
/10
Charles Jaworek School
444 Hosmer St
Distance between this listing and this school1.79 miles
Public District Grades KG-4
4
/10
Francis J Kane
520 Farm Rd
Distance between this listing and this school1.79 miles
Public District Grades KG-4
Assigned Schools
4
/10
1 Lt Charles W. Whitcomb School
25 Union St
Distance between this listing and this school0.82 miles
Public District Grades 5-8
Nearby Schools
8
/10
P Brent Trottier
49 Parkerville Rd
Distance between this listing and this school3.33 miles
Public District Grades 6-8
8
/10
Margaret A Neary
53 Parkerville Rd
Distance between this listing and this school3.62 miles
Public District Grades 4-5
Assigned Schools
3
/10
Marlborough High School
431 Bolton St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
9
/10
Advanced Math and Science Academy Charter School
201 Forest St
Distance between this listing and this school1.48 miles
Public Charter Grades 6-12
6
/10
Assabet Valley Vocational High School
215 Fitchburg St
Distance between this listing and this school1.60 miles
The neighbors living near this home have an average income of $31,531. Residents of Marlborough, MA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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This home is located at 3-6 Witherbee Ter in Marlborough, MA and zip code 01752. This 8,190 square foot home, which was built in 1925, sits on a 0.24 acre lot. Features: 19 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $2,600,000.
Marlborough, MA housing market in March 2024 saw over 12 listings sold above listed price, more than 1 sold at listed price and over 6 sold below. In March 2024 in Marlborough, MA there were 29.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $545,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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