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227 Lincoln St, Marlborough, MA 01752

Multi-Family

$429,900
Price
$395,000
Sale Price

2
Units
2,961
Approx. GLA
LOOK AT THE RENTS IN THIS MULTI.... De-leaded 2 family with lots of updates including: 2 boilers, pipes, chimney liner, electrical panel, public bypass meter, 3 sump pumps, bulk head & some more new windows. 1st floor updates include: gas range, kitchen cabinets, Bath fitters tub surround, electrical wiring, ceiling fixtures. 2nd floor updates include: water heater, kitchen floor and range. Both units passed SMOC housing inspection. Long term tenants, great income, separate utilities. Great location near downtown restaurants, shops, ARRT bike trail & IC school. Public transportation MWRTA on Lincoln, Boston bus service at Newton St., Southborogh commuter rail, with easy access to I495, I290, Rt 20 & 85. Almost nothing to do but collect the rent. Priced to sell! Group Showing: Oct 25th @4:00pm
Highlights
Sale Price: $395,000
Settled Date: 11/29/2018 12:00:00 AM
Basement Features: Full, Interior Access
List Price: $429,900
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Sold
Beds: 7
Baths: 2
Units: 2
Year Built: 1905
Year Round: Yes
Approx. GLA: 2,961
MLS#: 72393506
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 2
Heating Zones: 2
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
Energy: Insulated Windows, Insulated Doors
Hot Water: Natural Gas, Tank
Rooms: 10
Lead Paint: Certified Treated
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Facing: South
Acres: 0.13
Lot Size: 5,644.00
Lot Description: Corner, Paved Drive, Level
Foundation: Poured Concrete, Fieldstone, Irregular
Foundation Size: irr
Parking Spaces: 4
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Publicly Maint.
Color: PaleYellow
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Exterior: Vinyl
Exterior Features: Porch - Enclosed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $289,100
Taxes: $3,514
Tax Year: 2015
Book/Page: 59180/178
Warranty Available: No
School
Grade School: Jaworek / IC
Middle School: Whitcomb / AMSA
High School: Marlbro/AMSA/AV
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $54,000
Gross Expenses: $10,771
Total Rent: $4,500
Net Income: $43,229
Insurance Cost: $1,548
R&M Cost: $1,175
Water Cost: $3,714
Misc. Cost: $462
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access
Exclusions: Tenants belongings
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $2,300
Unit 2 5 4 0 2 1 0 No 1 $2,200
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Hot Water Radiators, Gas, Individual  Interior:  Bathroom With Tub & Shower, Cable TV Available, Pantry, Lead Certification Available  Rooms:  Living Room, Kitchen, Mudroom 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Hot Water Radiators, Gas  Interior:  Bathroom With Tub & Shower, Pantry, Lead Certification Available  Rooms:  Living Room, Kitchen 
Map
The listing office is RE/MAX Executive Realty and the listing agent is Lyn Gorka. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Lyn Gorka
Lyn Gorka
RE/MAX Executive Realty


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