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About this home
Offers due by Monday 11/20 at 12pm. Opportunity knocks. Back on Market due to buyer's financing. Great for investors or for owner occupancy. Highly desirable locale with direct access to a number of major interstate highways, with many restaurants, shops, parks, bus all within walking distance. This lot, Zoned for 4-8 Family boast a 3-Family with great rental history, provides a great rental income potential with estimated cap rate of 7.8% in optimum conditions. Unit 1F and 1R was recently renovated in 2023 and Unit 2 in 2021. Many updates to mention such as roof (2020), read decks (2020/2021), new electrical wiring plus electric panels (2021), Energy Efficient Mini-Split in all units (2021), whole house insulation by Mass Save (2021). Don't miss this.
Sale Statistics
This property sold for 5.6% above the original asking price, indicating strong buyer demand.
At 107 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
494 Lincoln Street, Marlborough MA 01752
Marlborough, MA 01752
Walkability
Schools
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Dec 28, 2023Listed for Sale
Aug 15, 2023Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
12/28/2023 | ✓ Sold | $580,000 | - | - | Property sold |
08/15/2023 | 🏠 Listed for Sale | $549,000 | - | - | Original listing |