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38 Fairmount St

Marlborough, MA 01752
  • $1,100,000
  • STATUS: Active
  • MLS #: 72984865
UPDATED: 77 min ago
$1,100,000
  • 9
    BEDS
  • 0.19
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,836
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:
Area:

School Ratings & Info

Listing courtesy of Adam Boyce of Mathieu Newton Sotheby's International Realty.

Description

Take a look at the rents and rate of return on this one! legal, updated, and deleaded 3 family that brings in over $100,000k annually, with most of that from direct deposits! Solid long term tenants in place that all want to stay make this a truly turn key investment. This home was fully renovated in 2014 and needs nothing. 3 units all featuring 3 bedrooms, living room,eat in kitchens, and in unit laundry. Separate utilities which the tenants pay with the exception of water/sewer. Most units have all new appliances, vinyal plank flooring and fresh paint. Off street parking and basement storage for additional revenue.

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-26T21:08:26.96.
www.dna-realty.com/homes/128895041
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38 Fairmount St Marlborough, MA 01752

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 77 min ago
  • MLS #: 72984865
9
Beds
3
Baths
0
½ Baths
0.19
Acres
3,836
SQFT
$287
$/SQFT
1880
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
Take a look at the rents and rate of return on this one! legal, updated, and deleaded 3 family that brings in over $100,000k annually, with most of that from direct deposits! Solid long term tenants in place that all want to stay make this a truly turn key investment. This home was fully renovated in 2014 and needs nothing. 3 units all featuring 3 bedrooms, living room,eat in kitchens, and in unit laundry. Separate utilities which the tenants pay with the exception of water/sewer. Most units have all new appliances, vinyal plank flooring and fresh paint. Off street parking and basement storage for additional revenue.
Exterior Features

Beachfront No Color Grey Construction Frame Exterior Vinyl Exterior Features Deck - Wood Foundation Fieldstone Lot Description Paved DriveSloping Parking Features Off-StreetPaved Driveway Parking Spaces 8 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Appliances Unit1 RangeRefrigeratorWasherDryer Appliances Unit2 Wall OvenRefrigeratorWasherDryer Appliances Unit3 RangeRefrigeratorWasherDryer Basement Yes Basement Features FullWalk Out Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 3 Cooling Unit1 None Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wood Laminate Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heating Unit1 Electric Baseboard Heating Unit2 Electric Baseboard Heating Unit3 Electric Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 15 Rooms Description Unit1 Living RoomKitchenLaundry Rooms Description Unit2 Living RoomKitchenLaundry Rooms Description Unit3 Living RoomKitchenLaundry Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5

Property Features

Adult Community No Amenities Public TransportationShoppingMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic School Apod Available Yes Assessments 606800.00 Disclosure No Electric Features 200 Amps Expenses Source Owner Provided Expenses Year End 12/21 Gross Operating Income 100800 Lead Paint Certified Treated Lease Unit1 N Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 100800 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 2800 Rent Unit2 2700 Rent Unit3 2900 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 7961.00 UFFI Unknown Utility Connections For Electric RangeFor Electric OvenFor Electric DryerWasher Hookup Warranty No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Res

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Adam Boyce of Mathieu Newton Sotheby's International Realty.


The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-26T21:08:26.96.
 
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138 River Rd #107
Andover MA, 01810
Listing courtesy of Adam Boyce of Mathieu Newton Sotheby's International Realty.