BEDS9
BATHS6 full
SQUARE FEET4,365
MLS#73524943
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover an exceptional investment opportunity at 72-78 Highland St, with over 9% cap rate. Whether you are building your existing portfolio or looking to take the first step of your real estate investment journey, this is an opportunity you will not want to miss out on. Located on a quiet street, half a mile from downtown, this home presents a perfect blend of convenience and comfort, and easy to rent. This expansive multi family offers a substantial 4365 square feet of living area on a generous half acre lot, with considerable outdoor space for various uses including but not limited to off street parking for up to 10 or more vehicles, with potential for additional development for the right buyer. Recent renovations include new roof and exterior paint(2023), new heat pumps/mini splits(2024), new kitchen/baths(2024). Stop by the open houses this Saturday(05/30) and Sunday(05/30) from 11 am -1 pm to fully appreciate the potential of this distinctive investment opportunity.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: Heat Pump, Unit Control, Ductless
Heating: Heat Pump, Electric, Unit Control, Ductless
Lot Size: 0.48 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $8,461
Year Built: 1900
Amenities
Upgraded Cabinets
Upgraded Countertops
Bathroom With Tub & Shower
Remodeled
Pantry
Storage
Floored Attic
Walk-Up Attic
Bathroom with Shower Stall
Living Room
Kitchen
Living RM/Dining RM Combo
Office/Den
Balcony/Deck
Feature Descriptions
Appliances: Range, Dishwasher, Refrigerator, Freezer
Building Area Total: 4365
Community Features: Public Transportation, Shopping, Laundromat, House of Worship
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 15
Dwelling Type: 5-9 Family
Exterior: Frame
Flooring: Wood, Vinyl, Hardwood
HeatingY/N: 1
Laundry: Washer Hookup, Dryer Hookup
Lot Features: Wooded, Gentle Sloping
Open Parking Y/N: Yes
Other Structures: Shed(s)
Parcel Number: M:056 B:170 L:000,611534
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
Parking Total: 10
Patio And Porch: Porch, Enclosed, Deck, Deck - Roof, Deck - Wood
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Road Responsibility: Public Maintained Road
Rooms Total: 24
Sewer: Public Sewer
Units: 5
Utilities: Washer Hookup
Water: Public
Wooded: Yes
Listed By / Shown By
Listed By
Agency Name: Keller Williams Boston MetroWest
Agent Name: Tiandao Dong
Agency Phone: 508-877-6500
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,443.17 per month $3,304.97 Principal & Interest $705.08 Property Tax $433.13 Homeowner's Insurance
72-78 Highland St | MLS# 73524943
This multi-family property located at 72-78 Highland St, Marlborough, MA 01752 is currently listed for sale with an asking price of $1,485,000. Search Marlborough real estate on www.masiellogrouprealestate.com today.