38 Fairmount St, Marlborough, MA
$ 1,100,000
Property Attributes
  • MLS#72984865
  • TypePending
  • CityMarlborough
  • Zip01752
  • Style3 Family
  • Year Built1880
  • Taxes$ 7961
  • Price$ 1,100,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3836
  • Lot Size8,276 SqFt
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
Property Description

Take a look at the rents and rate of return on this one! legal, updated, and deleaded 3 family that brings in over $100,000k annually, with most of that from direct deposits! Solid long term tenants in place that all want to stay make this a truly turn key investment. This home was fully renovated in 2014 and needs nothing. 3 units all featuring 3 bedrooms, living room,eat in kitchens, and in unit laundry. Separate utilities which the tenants pay with the exception of water/sewer. Most units have all new appliances, vinyal plank flooring and fresh paint. Off street parking and basement storage for additional revenue.

Price History
8/5/2022 Listed $1,100,000

General Features

Appliances Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Wall Oven, Refrigerator, Washer, Dryer), Unit 3(Range, Refrigerator, Washer, Dryer), Utility Connections for Electric Range, Utility Connections for Electric Ove
Building Area Units Square Feet
City Marlborough
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
Compensation Based On Net Sale Price
Construction Materials Frame
Contingency Pending P&S
Cooling Unit 1(None)
County Middlesex
Directions Granger Blvd (Rt. 20) to Fairmount Street
Electric 200+ Amp Service
Electric Expense 250
Exterior Features Deck - Wood
Garage Y/N No
Gross Income 100800
Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric)
Home Warranty Y/N No
Insurance Expense 3000
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Lot Size Square Feet 8485
Net Operating Income 100800
Operating Expense 3713
Patio/Porch Features Deck - Wood
Property SubType 3 Family
Property Type Residential Income
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Roof Shingle
Senior Community Y/N No
Sewer Public Sewer
Standard Status Pending
Status Under Agreement
Street Name Fairmount St
Sub-Agency Relationship Offered No
Tax Annual Amount 7961
Tax Assessed Value 606800
Tax Year 2022
Total Actual Rent 8400
Total Rooms 15
Total Units 3
Utilities for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Sewer Expense 2463
Waterfront Y/N No
Year Built 1880
Year Built Details Approximate
Year Built Source Public Records
Zoning RES

Interior Features

Air Conditioning Y/N No
Basement Full, Walk-Out Access
Fireplace Y/N No
Flooring Wood Laminate
Full Baths 3
Heating Y/N Yes
Laundry Features Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Total Baths 3
Total Bedrooms 9
Total Stories 6

Exterior Features

Facilitator Compensation 1
Living Area 3836
Building Area Total 3836
Foundation Details Stone
Lot Features Sloped
Lot Size Acres 0.19
Lot Size Area 0.19
Lot Size Units Acres
Open Parking Y/N Yes
Parking Features Paved Drive, Off Street, Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Spa No
Total Parking 8
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 01752

AVG $580K
AVG $4,746
Data Provided by Inside Real Estate®
Year Built
AVG 1961
AVG 49
Data Provided by Walkscore® not using MLS data

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