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61-65 Broad Street, Marlborough MA 01752

Marlborough, MA 01752
$3,749,000
$3,599,000
Est. $20,235/month
27
Beds
16
Baths
10,792
Sq Ft
$333
Price/Sq Ft
0.37
Acres
1900
Year Built
13
Parking
71
Days on Market
Active Price Drop -$150,000 Listed Apr 30, 2026 • MLS# 73510776 Copied! • Updated Jun 15, 2026

About this home

Rare opportunity to acquire a recently renovated 16-unit property in highly desirable and rapidly growing Marlborough market. Situated on a corner lot, the property consists of three separate buildings surrounded by attractive landscaping.This investment offers strong and consistent performance, benefiting from a very low vacancy rate driven by its prime location and the quality of the apartments. The majority of units have been renovated within the past four years and feature modern finishes, including hardwood floors, granite countertops, shaker-style cabinetry, and stainless steel appliances—complete with dishwashers. (One studio unit will be renovated prior to closing.)Capital improvements extend beyond interiors, with updated plumbing and electrical systems throughout the property, providing added peace of mind for future ownership. The property also includes ample parking, enhancing convenience and appeal for residents.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4%
Price Range

Property Timeline

Price Reduced
Jun 11, 2026
$3,599,000 $150,000 (-4%)
From $3,749,000 to $3,599,000 (-4.0%)
👁️
Showing Instructions Updated
May 7, 2026
New showing requirements
🏠
Listed for Sale
Apr 30, 2026
$3,749,000
Original listing
Agent: The Steve Bremis Team Office: Steve Bremis Realty Group

Tax History

Year Taxes Assessment
2025 $22,041 $2,159,200

Financial Details

Annual Property Tax
$22,041
Tax Year 2025
Assessed Value
$2,159,200

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1900
Living Area 10,792 sq ft
Lot Size 0.37 acres
Bedrooms 27
Full Baths 16
Total Rooms 62

Investment Metrics

Units 16
Unit 1 Rent $2,167/mo · Y
Unit 2 Rent $2,275/mo · N
Unit 3 Rent $1,850/mo · Y
Unit 4 Rent $1,825/mo · Y
Total Monthly Rent $8,117/mo
Gross Income $345,000
Net Operating Income $278,689
Operating Expenses $66,311
Water/Sewer Expense $8,546
Electric Expense $8,913
Insurance Expense $11,080
Cap Rate 7.74%
Heating None
Cooling None
Flooring Wood
Appliances Washer, Dryer
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 13
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $22,041
Assessed Value $2,159,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures There Are Two Deeds To This Property. Operating Expenses Do Not Include Management Fee.
Exclusions Tenant Belongings .
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 46 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
27
Full Bathrooms
16
Living Area
10,792 sq ft
Total Rooms
62
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances: Washer, Dryer
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Block
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 13
Parking Features: Paved Drive, Off Street
School District
Marlborough School District local
B-
School Safety 2024-25
4.5% Above Average
4.4% Suspensions 1.9% In-School 0.1% Expulsions
1.0% below state avg
E

Elementary Schools

3 schools
Immaculate Conception School
0.7 mi
Grades PK-08
C-
Richer School
0.9 mi | #694 of 824 | Score: 36.1
Dropped 48 spots from last year
-22.1 below state avg
596 students Diverse
Grades K-05
Early Childhood Center
0.9 mi
195 students Diverse
Grades PK
M

Middle Schools

3 schools
C
1 LT Charles W. Whitcomb School
1.2 mi | #269 of 352 | Score: 34.5
Improved 21 spots from last year
-23.7 below state avg
965 students Moderate
Rising School
Grades 06-08
A
P. Brent Trottier Middle School
3.1 mi | #46 of 352 | Score: 57.7
Dropped 28 spots from last year
-0.5 below state avg
404 students Moderate
Strong Attendance
Grades 06-08
B-
David J. Quinn Middle School
4.1 mi | #212 of 352 | Score: 39.9
Dropped 14 spots from last year
-18.3 below state avg
546 students Moderate
Grades 05-07
H

High Schools

3 schools
A
Advanced Math and Science Academy Charter School
1.0 mi | #70 of 346 | Score: 64.0
Improved 12 spots from last year
+5.8 above state avg
970 students Diverse
Strong AP Program High Graduation Rate College Ready Curriculum Strong Attendance
Grades 06-12
New England Innovation Academy
1.5 mi
Grades 06-12
B-
Marlborough High School
1.5 mi | #192 of 346 | Score: 52.1
Improved 48 spots from last year
-6.2 below state avg
985 students Diverse
18 sports • 1,084 athletes
Early College Program Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

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Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,837
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

61-65 Broad Street, Marlborough MA 01752

Marlborough, MA 01752

Listing Information

Listing Agent The Steve Bremis Team
Listing Office Steve Bremis Realty Group
Office Phone 617-828-1070
Agent MLS ID TM311803
Office MLS ID AN5028
Listing Data Updated Jun 15, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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