8 Cotting Ave, Marlborough, MA 01752

20 Unit Apartment Building | $1,795,000 ($89,750/Unit) | 8.08% Cap Rate | Marlborough, MA 01752

Asking Price $1,795,000

Property Type: Multifamily
Square Feet: 9,924 SF

Listing Contacts

Todd Carter

Verified Profile

Property Info

Property Overview

Valender Properties is pleased to offer for sale an excellent multifamily investment opportunity in Marlborough, MA. 8 Cotting Ave is 20-unit rooming house. The building contains 19 SRO's and one 1-bed, each unit with a newly renovated full bath, and shared kitchen and living room. Strong cash flowing investment property with upside potential in bringing rents to market. Recent upgrades throughout the units as well as recently replaced roof, plumbing and electrical. Solar infrastructure is being sold with the property for additional operating efficiency. You need to visit the property to appreciate its condition and culture.
Open house viewing is scheduled: Sunday, June 9th, 12-3pm EST and Tuesday, June 11th, 3-5pm EST

Property Details

Class: C
Year Built/Renovated: 1910/2019
Stories: 3
Lot Size (sq. ft): 3,920 SF
Units: 20

Highlights

strong cash flow
low maintenance/repairs
management efficiency

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