Nelson Zide
ERA Key Realty Services | 508-277-7794 | nelson@nelsonzide.com

92 Francis St, Marlborough, MA 01752

Multi-Family

$644,900
Price
$660,000
Sale Price

4
Units
3,691
Approx. GLA
THIS IS A GEM OF A MONEY MAKER!!! OPEN HOUSE SAT 8/1 1-3 pm. RARE & LEGAL 4 FAMILY PRICED TO SELL!!! You will be hard pressed to find anything similar to this amazing investment opportunity. Well maintained by same owner for 19 yrs. Very little maintenance. Centrally located. All units have separate utilities. Plenty of paved off street parking. Its layout is 3 up and down with a split level open concept loft in the rear. Foyer coin op laundry for the 3 up and down units and the loft has its own free machines. Coin Ops pay for most of the common utilities. Rents are under market value. All showings by appointment only. Must sign and send list agent the covid 19 waiver for appointment. Masks/PPE must be worn. Open house is 1st showing Sat August 1st 1-3 pm. Showing will be Saturdays ONLY 1-5pm due to covid 19 and tenants differing schedules.
Highlights
Terms: Contract for Deed
Sale Price: $660,000
Settled Date: 8/31/2020 12:00:00 AM
Basement Features: Full, Sump Pump, Dirt Floor, Concrete Floor, Unfinished Basement
List Price: $644,900
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Sold
Beds: 7
Baths: 4
Units: 4
Year Built: 1920
Approx. GLA: 3,691
MLS#: 72701073
 
Interior
Basement: Yes
Cooling Units: 3
Electricity Cost: $1,300
Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
Heating Units: 4
Heating Zones: 4
Flooring: Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
Energy: Insulated Windows, Storm Windows, Storm Doors
Rooms: 15
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Facing: North
Acres: 0.13
Lot Size: 5,541.00
Lot Description: Paved Drive, Fenced/Enclosed, Level
Foundation: Fieldstone
Parking Spaces: 9
Parking Features: Off-Street, Assigned, Guest, Paved Driveway, On Street Without Permit
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Garden Area, Deck - Wood, Patio, Gutters, Professional Landscaping, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: Unknown
APOD Available: Yes
Assessed Price: $437,200
Taxes: $6,199
Tax Year: 2020
Book/Page: 34550/197
School
Middle School: M Middle
High School: M.HS or Assabet
Beach
Beach: Yes
Miles to Beach: 3/10 to 1/2 Mile
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $52,740
Gross Expenses: $9,923
Total Rent: $4,395
Net Income: $53,377
Insurance Cost: $2,782
Refuse Cost: $869
Water Cost: $1,900
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
Disclosure Declaration: Yes
Disclosure: Sump pump in basement due to some water 12 years ago (unkown reason). Kept just in case. Water & sewer combined is $1900. There are 4 water tanks, 4 ranges and 4 natural gas meters.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,075
Unit 2 4 2 0 2 1 0 No 1 $1,100
Unit 3 3 1 0 3 1 0 No 2 $970
Unit 4 4 2 0 1 1 0 1 $1,250
Units Extras
Unit 1
Rent Includes:  Water, Other (See Remarks)  Cooling:  Window AC  Applicances:  Range, Disposal, Refrigerator, Other (See Remarks)  Heating:  Forced Air, Gas, Unit Control  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Wall to Wall Carpet, Internet Available - Fiber-Optic, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water, Other (See Remarks)  Cooling:  Window AC  Applicances:  Range, Disposal, Refrigerator, Other (See Remarks)  Heating:  Forced Air, Gas, Unit Control  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Wall to Wall Carpet, Internet Available - Fiber-Optic, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water, Other (See Remarks)  Cooling:  Window AC  Applicances:  Range, Disposal, Refrigerator, Other (See Remarks)  Heating:  Forced Air, Gas, Unit Control  Interior:  Bathroom with Shower Stall, Hardwood Floors, Wall to Wall Carpet, Internet Available - Fiber-Optic, Balcony/Deck, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator, Washer / Dryer Combo  Heating:  Forced Air, Gas, Unit Control  Interior:  Bathroom With Tub, Open Floor Plan, Hardwood Floors, Wall to Wall Carpet, Internet Available - Fiber-Optic, Cathedral/Vaulted Ceilings, Tile Floor  Rooms:  Living Room, Kitchen, Laundry, Loft 
Common
Cooling:  None  Applicances:  Washer / Dryer Combo  Heating:  Electric  Interior:  Hardwood Floors  Rooms:  Laundry 
Similar Properties
The listing office is RE/MAX Executive Realty and the listing agent is Robert Smith. 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.
 
Nelson Zide
Nelson Zide
ERA Key Realty Services