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 with7, 343square feet of living area in13, 430square 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 and 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 and 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 and maximize their return on investment.
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The average household income in
Marlborough, MA
grew
from
$72,222
to
$75,418
in the past year. This data is an estimate based upon
15,529
households in
Marlborough, MA. The chart below presents how household income is distributed in
Marlborough, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Marlborough, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Marlborough, MA
equals
$3k+
, which is
more
than the national average.