3-6 Witherbee Terrace
3-6 Witherbee Terrace
$2,600,000
19
11
8,190
8,190
$317
Description
The Portfolio consists of four (4) adjacent two-story multi-family buildings and contains thirteen (13) units consisting of nine (9), Studio units, three (3) 2-Bedroom units and one (1) 4-Bedroom/2-Bathroom Single Family Home with 7,343 square feet of living area in 13,430 square feet of gross area on 0.38-acres of land zoned Neighborhood Business. This 13-unit multifamily portfolio is adjacent to the new Public Library Development & is situated in a private cul-de-sac. The Portfolio boasts an impressive...The Portfolio consists of four (4) adjacent two-story multi-family buildings and contains thirteen (13) units consisting of nine (9), Studio units, three (3) 2-Bedroom units and one (1) 4-Bedroom/2-Bathroom Single Family Home with 7,343 square feet of living area in 13,430 square feet of gross area on 0.38-acres of land zoned Neighborhood Business. This 13-unit multifamily portfolio is adjacent to the new Public Library Development & is situated in a private cul-de-sac. The Portfolio boasts an impressive in-place cash flow, presenting a unique opportunity for investors to acquire a high-performing asset with immediate cash flow. The opportunity exists to further unlock its potential by strategically renovating & programmatically upgrading the units in a desirable, high demand, supply constrained market. Each property in this portfolio is separately deeded, providing investors with the option to later sell each building to potential owner-occupants & maximize their return on investment.
- Listed by Dennis Kelleher • Horvath & Tremblay
- Listed by John Pentore • Horvath & Tremblay
Property Details for 3-6 Witherbee Terrace
Town
Marlborough
AreaMA-Marlborough
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 03/29/2024 03:11 AM
Property Details for 3-6 Witherbee Terrace
Status | Active |
---|---|
MLS # | 73175356 |
Days on Market | 182 |
Taxes | $15,105 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Side by Side |
Year Built | 1925 |
County | Middlesex County |
Location
Building Information for 3-6 Witherbee Terrace
Stories5Residences13Year Built1925Building Size-Lot Size0.24 AC / 10,454 SF
Payment Calculator
$15,448 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3-6 Witherbee Terrace
Property History for 3-6 Witherbee Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3-6 Witherbee Terrace
This home is within Marlborough School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Goodnow Brothers Elementary School PublicK to 5 | ||
1 Lt Charles W. Whitcomb School Public6 to 8 | ||
Marlborough High School Public9 to 12 | ||
Richer Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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