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83 Pleasant Marlborough — Photo 1 of 15

83 Pleasant Marlborough — Photo 1 of 15

$3,700,000

Investment Analysis — 83 Pleasant

Marlborough, MA 01752

Based on rent reported on the MLS listing, a 17-unit multi-family in 01752 carries $26,135/mo in gross rent — about a 5.98% cap rate and $221,116/yr in estimated NOI at the $3,700,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

11

Baths

17

SqFt

10,007

Style

5-9 Family

Built

1947

17-unit brick garden-style apartment building with eleven (11) 1-BR apartments and six (6) large studios. Strong existing cash flow with future upside potential. Opportunity to upgrade kitchens and baths, but roof and heating systems updated within last 11 +/- years. Off-street parking, well-located near downtown and with easy access to I-495. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$3,700,000
Annual Taxes$17,235

Parking

Garage0
Off-Street17

Interior Specifications

Total Rooms28
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningNB

Property & Lot

Acres0.3
SqFt Lot12,978
Lot FeaturesLevel

Geography

Listing Provided By

Listing Agent: Carl Christie

Listing Office: Carl Christie

MLS® Number: 73584002