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61-65 Broad St, Marlborough, MA, 01752

27beds
16baths
10,792sqft
$3,599,000
$333price/sqft
$24,415/moest. monthly cost
$976,600/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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,198$218,376
Home Insurance *$1,060$12,720
Property Taxes $3,029$36,348
Electricity $2,128$25,537
Total$24,415$292,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$837,085/yr
40% on housing$732,450/yr
45% on housing$651,066/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 01752$259
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01752$310
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$3,749,000
2025-04-02Listing removed$3,995,000
2025-02-28Listed for sale$3,995,000

For Sale by Agent

AgentThe Steve Bremis Team
BrokerageSteve Bremis Realty Group

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