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494 Lincoln Street

Marlborough, MA 01752
$580,000
4 Beds
4 Baths
2,088 Living Area
  • Property Description
    Offers due by Monday 11/20 at 12pm. Opportunity knocks. Back on Market due to buyer's financing. Great for investors or for owner occupancy. Highly desirable locale with direct access to a number of major interstate highways, with many restaurants, shops, parks, bus all within walking distance. This lot, Zoned for 4-8 Family boast a 3-Family with great rental history, provides a great rental income potential with estimated cap rate of 7.8% in optimum conditions. Unit 1F and 1R was recently renovated in 2023 and Unit 2 in 2021. Many updates to mention such as roof (2020), read decks (2020/2021), new electrical wiring plus electric panels (2021), Energy Efficient Mini-Split in all units (2021), whole house insulation by Mass Save (2021). Don't miss this.
  • Highlights
    • Parking Spots: 10
    • Property Type: 3 Family - 3 Units Up/Down
    • Year Built: 1880
    • Property Class: Residential Income
    • Total Rooms: 12
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Exclusions: All Tenants Possession.
    • Interior Features: Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Office/Den
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: 4 - 8 unit
    • Basement: Full, Crawl Space
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: 110 Volts
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $370,600
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $4,800
    • Buyer Agent Compensation: 2.5%
    • Facilitator Compensation: 1%
    • Taxes: $4,277

Location

494 Lincoln Street, Marlborough, MA 01752

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Vega Realty, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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