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55-57 Pleasant St & 1 and 2 Pleasant Place 55 Pleasant St 13 Unit Apartment Building For Sale Marlborough, MA 01752
Executive Summary
The 13 unit multi-family portfolio in Marlborough MA provides a unique value add investment opportunity. The portfolio consists of three separate structures with a common parking area of 21 spaces. The current ownership renovated 2 Pleasant Place, which gives a roadmap for a new owner to follow on the rest of the units. The primary value add proposition is by renovating and adding bedrooms to the large existing units.
Property Facts
| Sale Type | Investment | Building Size | 18,953 SF |
| No. Units | 13 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.38 AC | ||
| Zoning | NB | ||
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 18,953 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.11/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | NB |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | MARL-000069-000098 | Improvements Assessment | $1,091,100 |
| Land Assessment | $572,000 | Total Assessment | $1,663,100 |
Property Taxes
Parcel Number
MARL-000069-000098
Land Assessment
$572,000
Improvements Assessment
$1,091,100
Total Assessment
$1,663,100
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55-57 Pleasant St & 1 and 2 Pleasant Place | 55 Pleasant St