Northeast Private Client Group is pleased to present The MacDonald Hotel Rooming House, a 44-unit mixed-use rooming house located at 270 Main St in downtown Marlborough, Massachusetts.
The Macdonald Hotel is comprised of (4) retail, (37) rooms, (1) studios & (2) one bedroom units. Retail tenants are responsible for their own electric, heat & hot water as well as their own trash removal and water & sewer reimbursements. Landlord is responsible for the rooms electric, heat (oil) & hot water (gas). Rooming house tenants pay weekly. The property has recently received numerous capital improvements including rubber roof (5 years), fire system, bathrooms, security system (32 cameras), etc. Boiler is approximately 20 years old.
The Macdonald Hotel boasts on-site laundry, sprinkler system, keyless fob door, downtown location with close proximity to restaurants, shops, other amenities. Behind the property there is free parking overnight provided by the city of Marlborough. All interested and qualified parties can obtain additional information and walk the premise upon request.