Bobbi Roberts
REALTOR®
BEDS19
BATHS14 full 1 partial
SQUARE FEET8,190
MLS#73535812
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
TURNKEY CASH COW with $31,990 pro forma monthly rent roll and 9%+ cap rate! 3-6 Witherbee Terrace is a 4 building portfolio comprising of 13 adjacent units on a dead end street. All occupying tenants are rent subsidized by various housing authority programs. Extensive improvements and renovations have been made to the property, and the majority of units and common areas have seen major improvements. Witherbee Terrace has 4 buildings on it, and this is your opportunity to own an entire street! 3 Witherbee is four large studios, 4 Witherbee is two 2-bedrooms and one large studio, 5 Witherbee is a 4-bedroom single family and 6 Witherbee is four studios and a 2-bedroom. A common dumpster serves all tenants. Twelve of thirteen units are occupied and professional property management is in place. The only vacant unit is in the process of being improved, which will be a further added bonus the new owner will enjoy!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete, Unfinished
Cooling: Other
Heating: Natural Gas
Lot Size: 0.31 Acres
Stories: 8.0
Taxes: $16,838
Year Built: 1925
Amenities
Other
Living Room
Kitchen
Feature Descriptions
Appliances: Other
Building Area Total: 8190
Community Features: Public Transportation, Shopping, Park, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 39
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Other (See Remarks)
HeatingY/N: 1
Open Parking Y/N: Yes
Parking Features: Paved Drive, Shared Driveway, Paved
Parking Total: 0
Rent Includes: Unit 1(Heat, Electric), Unit 2(None)
Rooms Total: 34
Sewer: Public Sewer
Units: 13
Water: Public
Listed By / Shown By
Listed By
Agency Name: Stuart St James, Inc.
Agent Name: Steve Klassner
Agency Phone: 617-819-5850
Shown By
Agent Name: Bobbi Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Choose a date and time to see 3-6 Witherbee Terrace, Marlborough, MA 01752.
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Estimated Payment
$ 9,206.59 per month $6,899.26 Principal & Interest $1,403.17 Property Tax $904.17 Homeowner's Insurance
3-6 Witherbee Terrace | MLS# 73535812
This multi-family property located at 3-6 Witherbee Terrace, Marlborough, MA 01752 is currently listed for sale with an asking price of $3,100,000. Search Marlborough real estate on bobbiroberts.masiellogrouprealestate.com today.