This Property is No Longer Available
13 Cross Street, Marlborough, MA 01752
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$1,000,000
*Sale Price
6 Unit
11 Beds
6 Baths
5777 SQFT
0.14 Acre

Property Description

OFFERS DUE TUES AT NOON:Investment Opportunity: Own a six-unit residential building ideally located just steps away from downtown convenience. This property boasts spacious units, with some already updated to offer modern living standards. With its close proximity to town amenities, including shops, dining, and public transportation, this property attracts tenants seeking both comfort and convenience. Featuring a mix of updated and traditional units, this investment promises immediate rental income with the added potential for increased profitability through renovations. Each unit offers ample space, ensuring tenant satisfaction and high demand. Don't miss out on this exceptional opportunity to invest in a property with multiple revenue streams and significant value-add potential. Buyer to conduct their own due diligence. property is being sold as is.. . All financials and unit photos available upon request. Please email offers

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 8
  • Total Bedrooms: 11
  • Total Full Baths: 6
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: Yes
  • Gross Operating Income: 95120
  • Net Operating Income: 95120

Utilities

  • Electric Info: 60 Amps/Less, None
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73241601
  • Last Updated: 08/16/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/16/2024Sold$1,000,000$173MLSPIN
06/07/2024Under Agreement$999,000$173MLSPIN
05/31/2024Contingent$999,000$173MLSPIN
05/26/2024Active$999,000$173MLSPIN
05/22/2024New$999,000$173MLSPIN

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Seller's Representative: Kimberly Phillips, Berkshire Hathaway HomeServices Commonwealth Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-08-16 16:27:00

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