Sold!
$1,905,000
13/1
Baths
4,359
Living Area
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Property Description
THIS IS A MIXED USE BUILDING! Exceptional Investment Opportunity... A 14-Unit Mixed-Use Building in the heart of bustling Marlborough! This prime property features 3 commercial spaces, including a beautifully renovated salon that occupies 2 of the spaces. In addition, the building boasts 11 residential units, many of which have been recently renovated. Located in the highly desirable downtown area, this property benefits from a very low vacancy rate, making it a stable and attractive investment. With a gross annual income exceeding $210K, this is an outstanding opportunity you won’t want to miss!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 4
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 28
- Status: Closed
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Additional Details
- Exclusions: Tenant Belongings
- Lot Features: Corner Lot
- Total Number of Units: 14
- Year Built Source: Public Records
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: Mixed
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Amenities
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $829,500
- Taxes: $9,578
- Tax Year: 2024
- Total Rent: $17,500
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Listing information provided courtesy of Jordan Property Solutions.
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