617-513-1523
270 Main St, Marlborough, MA for Sale
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

270 Main St
Marlborough, MA 01752


HIGHLIGHTS

  • Recent Capital Improvements
  • Great Potential to Increase NOI
  • Complementary overnight Parking provided by City of Marlborough

OVERVIEW

Godino & Company, Inc. is pleased to offer for sale The MacDonald Hotel Rooming House, located in the heart of downtown Marlborough at 270 Main Street. This recently upgraded property features 44 units, which include four street-level retail or office spaces, 37 rooming-house units, one studio, and two one-bedroom apartments. The property has maintained a very low vacancy rate for many years and presents an opportunity to increase the Net Operating Income. Amenities at The MacDonald Hotel include an on-site coin-operated laundry, keyless fob door access, and a sprinkler system. It is conveniently within walking distance of restaurants and shops. The City of Marlborough provides complimentary overnight parking behind the building. Interested parties are encouraged to request additional information and may schedule a property walk-through by appointment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The MacDonald Hotel Rooming House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

B

APN/PARCEL ID

MARL-000069-000218

ASK ABOUT THIS PROPERTY

Susan Godino-EllisGodino & Company, Inc.More Info
617-513-1523

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Susan Godino-EllisGodino & Company, Inc.More Info
617-513-1523

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.