Offers due by Monday 11/20 at 12pm. Opportunity knocks. Back on Market due to buyer's financing. Great for investors or for owner occupancy. Highly desirable locale with direct access to a number of major interstate highways, with many restaurants, shops, parks, bus all within walking distance. This lot, Zoned for 4-8 Family boast a 3-Family with great rental history, provides a great rental income potential with estimated cap rate of 7.8% in optimum conditions. Unit 1F and 1R was recently renovated in 2023 and Unit 2 in 2021. Many updates to mention such as roof (2020), read decks (2020/2021), new electrical wiring plus electric panels (2021), Energy Efficient Mini-Split in all units (2021), whole house insulation by Mass Save (2021). Don't miss this.
Sold for $580,000 on 12/28/23
$580,000
494 Lincoln St, Marlborough, MA 01752
4beds
2,088sqft
3 Family - 3 Units Up/Down
Built in 1880
-- sqft lot
$588,000 Zestimate®
$278/sqft
$1,806 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: December 28, 2023 at 06:48pm
Listed by:
Dave DiGregorio,
Coldwell Banker Realty - Waltham,
Tau Hsu
Bought with:
Patricia Almeida Vega
Vega Realty, LLC
Source: MLS PIN,MLS#: 73148467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Full,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Lot
- Size: 8,920 sqft
- Features: Corner Lot
Details
- Parcel number: M:068 B:158 L:000,613772
- Zoning: 4 - 8 unit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Location
- Region: Marlborough
HOA & financial
Other financial information
- Total actual rent: 4800
Other
Other facts
- Road surface type: Paved
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,000