Discover an exceptional investment opportunity at 72-78 Highland St, with over 9% cap rate. Whether you are building your existing portfolio or looking to take the first step of your real estate investment journey, this is an opportunity you will not want to miss out on. Located on a quiet street, half a mile from downtown, this home presents a perfect blend of convenience and comfort, and easy to rent. This expansive multi family offers a substantial 4365 square feet of living area on a generous half acre lot, with considerable outdoor space for various uses including but not limited to off street parking for up to 10 or more vehicles, with potential for additional development for the right buyer. Recent renovations include new roof and exterior paint(2023), new heat pumps/mini splits(2024), new kitchen/baths(2024). Stop by the open houses this Saturday(05/30) and Sunday(05/30) from 11 am -1 pm to fully appreciate the potential of this distinctive investment opportunity.
- Heating System:
- Heat Pump, Unit Control, Electric, Ductless
- Cooling System:
- Unit Control, Heat Pump, Ductless
- Basement:
- Partial
- Parking:
- Tandem, Common, Off Street, Paved, Paved Drive
- Appliances:
- Range, Dishwasher, Refrigerator, Freezer
- Construction:
- Frame
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Wood, Vinyl, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Walk-up Attic, Kitchen, Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Pantry, Bathroom With Shower Stall, Living Rm/dining Rm Combo, Office/den, Living Room, Upgraded Countertops, Remodeled, Floored Attic
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Dryer Hookup
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
- Market Time:
- 4
- Parking Spaces:
- 10
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $340
- Zoning:
- RB
- No Units:
- 5
- Orig Price:
- $1,485,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Marlborough
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01752
- Longitude:
- W72° 26' 46''
- Latitude:
- N42° 21' 4.7''
Residential Income
72-78 Highland St, Marlborough, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,485,000
- Bedrooms :
- 9
- Rooms :
- 24
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 4,365 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.48 Acre
- Listing ID :
- 73524943
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
