111 Marlborough St
$269,900
4
Beds
2
Baths
1,131
Sqft
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$269,900
4
Beds
2
Baths
1,131
Living Area
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Property Description
Excellent investment opportunity at 111 Marlborough Street in Springfield! This beautifully renovated 4-bedroom, 2-full-bath home offers immediate rental income with an existing tenant paying $2,625 per month and responsible for all utilities. Generating $31,500 in annual gross rental income, this property is an attractive addition to any investment portfolio.Major improvements include a new roof, updated electrical and plumbing systems, and extensive interior and exterior renovations. The home features a spacious layout, an updated kitchen with stainless steel appliances, an enclosed front porch, and a large private backyard.Located on a quiet residential street with convenient access to shopping, dining, schools, and other local amenities. This property combines modern updates, strong rental income, and long-term investment potential. An excellent opportunity for investors seeking an income-producing property with significant capital improvements already completed. Schedule your showing today!
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Highlights
- Cooling: Window Unit(s)
- Parking Spots: 4
- Property Type: Single Family Residence
- Total Rooms: 9
- Status: Active
- Heating: Forced Air, Natural Gas
- Property Class: Residential
- Style: Colonial
- Year Built: 1918
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Additional Details
- Appliances: Gas Water Heater, Range, Microwave, Freezer, ENERGY STAR Qualified Refrigerator, Cooktop, Rangetop - ENERGY STAR, Oven
- Construction: Frame, Stone
- Flooring: Wood, Wood Laminate
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Exterior Features: Porch - Enclosed, Deck - Roof, Deck - Wood, Rain Gutters, Fenced Yard, Garden
- Foundation: Concrete Perimeter
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Sidewalks
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 220 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $184,000
- Tax Year: 2025
- Home Warranty: 1
- Taxes: $2,885
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