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61-65 Broad St, Marlborough, MA, 01752

27beds
16baths
10,792sqft
$3,749,000
$347price/sqft
$25,344/moest. monthly cost
$1,013,760/yrincome needed

About This Home

Rare opportunity to acquire a recently renovated 16-unit property in highly desirable and rapidly growing Marlborough market. Situated on a corner lot, the property consists of three separate buildings surrounded by attractive landscaping.This investment offers strong and consistent performance, benefiting from a very low vacancy rate driven by its prime location and the quality of the apartments. The majority of units have been renovated within the past four years and feature modern finishes, including hardwood floors, granite countertops, shaker-style cabinetry, and stainless steel appliances—complete with dishwashers. (One studio unit will be renovated prior to closing.)Capital improvements extend beyond interiors, with updated plumbing and electrical systems throughout the property, providing added peace of mind for future ownership. The property also includes ample parking, enhancing convenience and appeal for residents.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

2/10
Richer Elementary SchoolGrades K-50.9 mi
4/10
Marlborough High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Washer,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 27
  • Bathrooms: 16
  • Full bathrooms: 16

Features

  • Flooring: Wood
  • Finished area below ground: 800
  • Finished area above ground: 9,992

Interior Area

  • Total structure area: 10,792
  • Total interior livable area: 10,792 sqft

Property

Details

  • Zoning: Comm
  • Exclusions: Tenant Belongings .

Lot

  • Lot size: 0.37 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 13
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 13