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  • 53 Mechanic Street, Marlborough, MA 01752
  • $204,000
  • 3 BedroomBedrooms
  • 3.0 BathroomBathrooms
  • 0 Half BathroomHalf Bathrooms
  • 1,800 Sqft
  • Sold On 12/23/2016

53 Mechanic Street, Marlborough, MA 01752

  • Open House
  • New Listing

$204,000

  • 3 BedroomBedrooms
  • 3.0 BathroomBathrooms
  • 1,800 Sqft
  • Multi Family
  • Sold
  • MLS# 71958444
  • Sold On 12/23/2016
0 More Schedule
  • Price Reduced

Property Information 53 Mechanic Street

  • MLS71958444
  • Zip Code01752
  • TypeMulti Family
  • Bedrooms3
  • Bathrooms3.0
  • Sq. Ft.1, 800.00
  • Fireplaces0
  • Parking Off-Street
  • Parking6
  • Garage Space0
  • SewerCity/Town Sewer
  • Year Built1890
  • Acreage0.0800
  • Estimated Taxes$2, 945
This is a wonderful opportunity for any investor. Classic Brick 3 family in heart of Downtown Marlborough with 6 car parking (2 spaces per unit). Three (1) bedroom units fully rented to tenants at will. Great income for the price or also an exciting project for a condo conversion. Unit 1 is rented for $700, Unit 2 is rented for $750 and Unit 3 is rented for $550. Tenants pay heat and electric. There is a coin op washer dryer in basement that nets about $70/month. Net income of just around $2,000/month after expenses. Unit 1 and 2 have older gas heating systems. Unit 3 has electric baseboard heating. Major basement support beam renovation just completed in August 2016 Some updates to baths and kitchens would make this a great long term investment! Downtown Marlborough is HOT, and the future potential is huge.


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Listing courtesy of: Craig M. Pitzi, Coldwell Banker Residential Brokerage - Concord  
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