187 West Main Street

Marlborough, MA 01752

$1,699,900
Price
14
Beds
7
Baths
5,139 Sq. Ft.
$331 / Sq. Ft.
5,139
Sq. Ft.
$331
per Sq. Ft.

Description

7 unit turnkey investment opportunity with plenty of parking in the heart of Marlborough! Fully tenanted with leases! The building has been completely gut renovated with new plumbing and electric within the last 3 years! All the kitchens have new stainless steel appliances, including dishwashers + microwaves, granite countertops. The shaker style cabinets complete the beautiful kitchen renovations. All units have hardwood floors throughout and ample size rooms...very desirable units in a great area....7 unit turnkey investment opportunity with plenty of parking in the heart of Marlborough! Fully tenanted with leases! The building has been completely gut renovated with new plumbing and electric within the last 3 years! All the kitchens have new stainless steel appliances, including dishwashers + microwaves, granite countertops. The shaker style cabinets complete the beautiful kitchen renovations. All units have hardwood floors throughout and ample size rooms...very desirable units in a great area. The building also boasts 9 parking spaces! All the work is done for the new owner, don't miss this outstanding investment opportunity in booming Marlborough!
  1. Listed by The Steve Bremis Team • Steve Bremis Realty Group
  2. Listed by Adam Day • Steve Bremis Realty Group

Property Details for 187 West Main Street

Town
Marlborough
Area
MA-Marlborough
Garage Spaces
0
Parking Spaces
9.00
Parking Spaces Total
9

Open Houses

Sunday, Nov 17th

12:00 PM - 1:30 PM

Public

LISTING UPDATED: 11/15/2024 09:20 PM

Property Details for 187 West Main Street

StatusNew
MLS #73313119
Days on Market2
Taxes$8,735 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyMiddlesex County

Building Information for 187 West Main Street

Stories10Residences7Year Built1900Building Size-Lot Size0.10 AC / 4,375 SF

Property Information for 187 West Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access
  • Living Area: 5139.0
  • SqFt with Basement: Yes
  • Total Units: 7
  • Waterfront: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller will be doing a 1031 exchange
Tax Information
  • Listing Terms: Deed Restricted (See Remarks)
  • Tax ID: 616597
  • Assessments: $853,000
  • Book: 72338
  • Tax Year: 2024
  • Zoning: res
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $932.00
  • Annual Expenses Source: Owner
  • GOI: $151,965.00
  • Insurance: $4,490.00
  • GRE: $14,956
  • MSE: $5,000
  • RFS: $3,291
  • NOI: $112,200.00
  • Operating Expense: $14,956.00
  • WSE: $5,523.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,664.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 187 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 187 West Main Street

Taxable ValueLand$138,000Additions$715,000Total$853,000
Tax Record2024$8,735 ($728 / month)
Home Facts
Baths7Total Finished SqFt5,139 SqFtAbove Grade Finished SqFt5,139 SqFtStories3Lot Size4,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyMIDDLESEXAPNMARL M:081 B:018 L:000

Schools near 187 West Main Street

This home is within Marlborough School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Richer Elementary School
PublicK to 5

1 Lt Charles W. Whitcomb School
Public6 to 8

Marlborough High School
Public9 to 12

Goodnow Brothers Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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187 West Main Street is a multi-family home for sale in Marlborough, MA 01752. This property was listed for sale on November 15, 2024 by Steve Bremis Realty Group, it's currently listed at $1,699,900. It has been on the market for a total of 2 days and was last sold on March 15, 2019. This listing's school district is Marlborough School District. Nearby schools include Richer Elementary School, 1 Lt Charles W. Whitcomb School and Marlborough High School. 187 West Main Street is a 14-bed, 7-bath, 5,139 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steve Bremis Realty Group, The Steve Bremis Team; Steve Bremis Realty Group, Adam Day

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.