3-6 Witherbee TerraceMarlborough, MA 01752MLS Number 73175356

  • Price: $2,600,000
  • Est. Mortgage of $/month
  • 207 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
3-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 017523-6 Witherbee Terrace Marlborough MA 01752
QR Code

Driving Directions

  • 19Bedrooms
  • 0.24Acreage
  • 11Bathrooms
  • 1925Year Built
The Portfolio consists of four (4) adjacent two-story multi-family buildings and contains thirteen (13) units consisting of nine (9), Studio units, three (3) 2-Bedroom units and one (1) 4-Bedroom/2-Bathroom Single Family Home with 7,343 square feet of living area in 13,430 square feet of gross area on 0.38-acres of land zoned Neighborhood Business. This 13-unit multifamily portfolio is adjacent to the new Public Library Development & is situated in a private cul-de-sac. The Portfolio boasts an impressive in-place cash flow, presenting a unique opportunity for investors to acquire a high-performing asset with immediate cash flow. The opportunity exists to further unlock its potential by strategically renovating & programmatically upgrading the units in a desirable, high demand, supply constrained market. Each property in this portfolio is separately deeded, providing investors with the option to later sell each building to potential owner-occupants & maximize their return on investment.
Listed by Dennis Kelleher of Horvath & Tremblay

Questions about this property?

Contact us! We look forward to hearing from you.

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Gross Income $279,384
  • Mls StatusActive
  • Rent Includes Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Water), Unit 3(Water)

Location

  • Address3-6 Witherbee Terrace
  • Building Number3-6
  • CountyMiddlesex
  • StateMA
  • StreetWitherbee Terrace
  • TownMarlborough
  • Zip01752

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 8,190
  • Lot Size Square Feet 10,454
  • Lot Size Units Acres
  • Square Feet8,190

Tax Information

  • Tax Assessed Value $1,308,900
  • Tax Year 2023
  • Taxes$15,105

Rooms

  • Bathroom11
  • Bathrooms Total Decimal 11
  • Bedrooms19
  • Full Bath11

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • FoundationOther
  • Rooms34
  • Stories5
  • Units13
  • Year Built1925
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2%
  • Date Listed10/30/2023
  • Farm Land Area Units Square Feet
  • View Count11

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway
  • Parking Spaces

Basic Information

  • List Price$2,600,000
  • MLS Number73175356
  • Modification Date05/04/2024
  • Property SubType5+ Family - 5+ Units Side by Side

Property

  • Acreage0.24

Interior

  • Interior Features Laundry Room

Utilities

  • Electric Common, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Appliances IncludedWasher, Dryer
  • Other AmenitiesBasement

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Contact an Agent

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.