596 Boston Post Rd E - Multi-Family FOR SALE


Marlborough, MA 01752
$1,179,000 USD
617-843-5685
596 Boston Post Rd E, Marlborough, MA for Sale
$1,179,000 USD
Multi-Family - FOR SALE
1/24
null | 6.88% Cap Rate

596 Boston Post Rd E
Marlborough, MA 01752


HIGHLIGHTS

  • Rare package of investment condos in two large associations
  • Six units (3 in each association)

OVERVIEW

RARE PACKAGE DEAL, 6 condos for sale! 4 studios with rents between $870 to $1495, and 2 two bedroom on bathroom condos renting for $1595 to $1895. 2 separate condo complexes, 3 condos in each, the Sheffield Court Condos (596-624 Boston Post Road E) and Mayflower condos (688 Boston Post Road E). Some condos are below rental market. Condo fees range from $154-198 for the studios and $300 to $350 for the two bedrooms. Some leases end during 2025 and others in 2026. Well maintained studios, wall to wall carpet, and the two beds are good condition and unit 304 has a private deck. Taxes for each unit range from $1,100 a year to $2443 a year. Every unit comes with parking. Dumpsters outback. Professionally managed buildings. Storage. Laundry in building. Great opportunity to buy up a chunk of up and coming Marlborough! All information to be verified by the buyer. 24 for all showings. Condo fees cover professional management, landscaping, junk removal, pest control, snow removal, etc.

FOR SALE DETAILS

PRICE

$1,179,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

6

PRICE/UNIT

$196,500

CAP RATE

6.88%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Package of 6 condos in prime Marlborough!

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Todd GlaskinTodd Glaskin Real Estate AdvisorMore Info
617-843-5685

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Todd GlaskinTodd Glaskin Real Estate AdvisorMore Info
617-843-5685

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