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You are here:
Home Massachusetts Marlborough Multi-Family Homes for Sale

55 Pleasant St Marlborough, MA 01752

12 Days on Boston Pads
10 Photos
$2,300,000
13 Unit
25 Beds
13 Baths
12898 SQFT
0.38 Acre
55 Pleasant St
Marlborough, MA 01752

Property Description

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.See projected income numbers as well as some historical expense numbers and virtual tour link on attached brochure.Group showing Friday December 13 at 12noon. Must be registered with listing agent.Offers due by 5pm on Wednesday December 18.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 13
  • Total Floors: 3
  • Total Bedrooms: 25
  • Total Full Baths: 13

Financial

  • APOD Available: No
  • Gross Operating Income: 62400
  • Net Operating Income: 62400

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73318697
  • Last Updated: 12/17/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/13/2024Active$2,300,000$178MLSPIN
12/09/2024New$2,300,000$178MLSPIN

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Map & Resources

Saint Anns School

School

0.27mi

Mitchell School

School

0.31mi

Immaculate Conception School

Private School, Grades: PK-8

0.45mi

Washington School

School

0.5mi

Early Childhood Center

Public Elementary School, Grades: PK

0.65mi

Wayside Academy

Special Education, Grades: SP

0.74mi

1 LT Charles W. Whitcomb School

Public Secondary School, Grades: 6-8

0.93mi

Starbucks

Coffee Shop

0.6mi

Crown Fried Chicken

Chicken (Fast Food)

0.59mi

Welly's Family Restaurant

American Restaurant

0.52mi

Fish

Restaurant

0.6mi

Marlborough Police Station

Local Police

0.94mi

Umass Memorial-Marlborough Hospital

Hospital

0.59mi

Marlborough Fire Department

Fire Station

0.16mi

Marlborough Fire Department

Fire Station

0.84mi

Mushroom pond

Swimming Pool

0.3mi

Lake Williams

Municipal Park

0.42mi

Sheep Falls Brook Conservation Area

Nature Reserve

0.79mi

Artemas Ward Park

Municipal Park

0.21mi

Kelleher Field

Municipal Park

0.38mi

Stevens Howe Park

Municipal Park

0.38mi

Union Square

Municipal Park

0.66mi

John Street Park

Municipal Park

0.71mi

Williams Street Field

Park

0.8mi

Howe Playground

Playground

0.46mi

Marlborough Public Library

Library

0.16mi

Wilfred T Hood Medical Library

Library

0.7mi

Union Dental

Dentist

0.68mi

Mobil

Gas Station

0.38mi

Discount Gas

Gas Station

0.7mi

Sunoco

Gas Station

0.74mi

Sunoco

Gas Station

0.83mi

Marlborough Savings Bank

Bank

0.59mi

Mobil Mart

Convenience

0.39mi

Fresh Village

Convenience

0.75mi

Seller's Representative: Joel Aho, Aho Properties, LLC
MLS ID#: 73318697

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-12-17 11:36:00