508-868-0216
55 Pleasant St, Marlborough, MA for Sale
Apartments - FOR SALE
1/11
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55 Pleasant St
Marlborough, MA 01752


HIGHLIGHTS

  • A unique value add investment opportunity.
  • Three separate structures with a common parking area of 21 spaces.
  • Projected proforma gross rental income of $429,600 after renovations.
  • City water, city sewer, and natural gas.

OVERVIEW

The 13 unit multi-family portfolio in Marlborough MA provides a unique value add investment opportunity. The portfolio consists of three separate structures with a common parking area of 21 spaces. The current ownership recently renovated 2 Pleasant Place, which gives a roadmap for a new owner to follow to achieve increased rental income on the rest of the units. Projected proforma gross rental income of $429,600 after renovations.

FOR SALE DETAILS

PRICE

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# OF UNITS

13

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

MF

APN/PARCEL ID

MARL-000069-000098

ASK ABOUT THIS PROPERTY

Joel AhoAho Properties, LLCMore Info
508-868-0216

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Joel AhoAho Properties, LLCMore Info
508-868-0216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.