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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

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    $1,806/mo

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    $1,806/mo

    Rent Zestimate®

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    $3,517/mo

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    $3,517/mo

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    What's special

    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.

    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
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    Estimated market value
    $588,000