$3,100,000

House for sale Marlborough
Property photo number 1 of 16 Photos for Property. File  104946754_29_73b4ecc44630585756d79048fc9109aa.jpeg

Overview

SUMMARY: Discover an opportunity with this Marlborough house for sale and available for $3,100,000. This could be your next ideal home or a smart investment. More details await.
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!
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Details

  • Beds: 19
  • Baths: 14.5
  • Price: $3,100,000
  • Reference No.: 94749328
  • Area: 8,190 sqft

Location

Marketed by:

  • Steve Klassner
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