Active
85 Days on market
72-78 Highland St Marlborough — Photo 1 of 23
$1,485,000
72-78 Highland St, Marlborough, MA 01752
Marlborough, MA 01752
Beds
9
Baths
6
SqFt
4,365
Style
5-9 Family
Built
1900
Discover an exceptional investment opportunity at 72-78 Highland St, with over 9% cap rate. Whether you are building your existing portfolio or looking to take the first step of your real estate investment journey, this is an opportunity you will not want to miss out on. Located on a quiet street, half a mile from downtown, this home presents a perfect blend of convenience and comfort, and easy to rent. This expansive multi family offers a substantial 4365 square feet of living area on a generous half acre lot, with considerable outdoor space for various uses including but not limited to off street parking for up to 10 or more vehicles, with potential for additional development for the right buyer. Recent renovations include new roof and exterior paint(2023), new heat pumps/mini splits(2024), new kitchen/baths(2024). Stop by the open houses this Saturday(05/30) and Sunday(05/30) from 11 am -1 pm to fully appreciate the potential of this distinctive investment opportunity.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$340/sqft
Local Avg (Marlborough)$322/sqft
6% AboveMarket Average
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Marlborough, MA.
Property Details
Financials
Original Price$1,485,000
Annual Taxes$8,461
Parking
Garage0
Off-Street10
Interior Specifications
Total Rooms24
FireplacesNone
FlooringWood, Vinyl, Hardwood
BasementPartial
Climate & Utilities
HeatingHeat Pump, Electric, Unit Control, Ductless
CoolingHeat Pump, Unit Control, Ductless
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle
FoundationStone
ZoningRB
Property & Lot
Acres0.48
SqFt Lot21,000
Lot FeaturesWooded, Gentle Sloping
Amenities & Appliances
Range • Dishwasher • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Laundromat • House of Worship
Geography
Population
41,647
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$92K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
44.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Tiandao Dong
Listing Office: Keller Williams Boston Metrowest
MLS® Number: 73524943
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