Donna Coffin - ERA Key Realty Services - Distinctive Group

52 Newton Street, Marlborough, MA 01752

Multi-Family

$295,000
Price
$240,000
Sale Price

3
Units
1,536
Approx. GLA
Great investment opportunity -- 3-family with public water and sewer, separate utilities, & some major updates (heating systems, vinyl replacement windows). Excellent location -- walk to downtown, shopping, & restaurants. Superb paved off-street parking area behind building with access from Granger Blvd. Rents are below current market rates. To be sold as a package with 48 Newton Street (listed separately). Total list price for package is $ 590,000.
Highlights
Sale Price: $240,000
Settled Date: 11/30/2016 12:00:00 AM
Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
List Price: $295,000
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Sold
Beds: 3
Baths: 3
Units: 3
Year Built: 1880
Year Round: Yes
Approx. GLA: 1,536
MLS#: 72003371
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 5
Heating Zones: 5
Flooring: Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit
Energy: Insulated Windows, Varies per Unit
Hot Water: Natural Gas, Tank
Rooms: 9
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.15
Lot Size: 6,742.00
Lot Description: Paved Drive, Sloping
Foundation: Fieldstone
Parking Spaces: 3
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Gray&Mauve
Construction: Frame
Roof Material: Slate, Rubber
Utility: Varies per Unit
Exterior: Shingles, Asbestos, Stucco
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $188,300
Taxes: $2,889
Tax Year: 2016
Book/Page: 18285/105
Warranty Available: No
School
High School: Marlboro High
Beach
Beach: No
Expenses
Expenses Source: Not Available
Gross Income: $29,100
Total Rent: $2,425
Net Income: $29,100
 
 
Additional
Amenities: Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Disclosure: The paved parking area is common to 48 and 52 Newton Street, so both properties are being sold as a package. The Buyer must be able to purchase and close on 48 and 52 Newton Street.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $725
Unit 2 3 1 0 2 1 0 No 1 $850
Unit 3 3 1 0 3 1 0 No 1 $900
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Vent Hood  Heating:  Electric Baseboard  Interior:  Bathroom with Shower Stall, Wall to Wall Carpet, Cable TV Available, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Vent Hood  Heating:  Central Heat, Hot Water Baseboard, Gas  Interior:  Bathroom With Tub, Wall to Wall Carpet, Cable TV Available, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Vent Hood  Heating:  Hot Water Baseboard, Gas  Interior:  Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Interior:  Wall to Wall Carpet 
Map
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The listing office is ERA Key Realty Services - Distinctive Group and the listing agent is Dick Rastani. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/25/2017 4:05:00 AM.
 
Donna Coffin
Donna Coffin
ERA Key Realty Services - Distinctive Group