61-65 Broad Street, Marlborough MA 01752
Marlborough, MA 01752
$3,749,000
$3,599,000
Est. $20,235/month
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About this home
Rare opportunity to acquire a recently renovated 16-unit property in highly desirable and rapidly growing Marlborough market. Situated on a corner lot, the property consists of three separate buildings surrounded by attractive landscaping.This investment offers strong and consistent performance, benefiting from a very low vacancy rate driven by its prime location and the quality of the apartments. The majority of units have been renovated within the past four years and feature modern finishes, including hardwood floors, granite countertops, shaker-style cabinetry, and stainless steel appliances—complete with dishwashers. (One studio unit will be renovated prior to closing.)Capital improvements extend beyond interiors, with updated plumbing and electrical systems throughout the property, providing added peace of mind for future ownership. The property also includes ample parking, enhancing convenience and appeal for residents.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4%
Price Range
Property Timeline
Price Reduced
Jun 11, 2026
$3,599,000
$150,000
(-4%)
From $3,749,000 to $3,599,000 (-4.0%)
Showing Instructions Updated
May 7, 2026
New showing requirements
Listed for Sale
Apr 30, 2026
$3,749,000
Original listing
Agent: The Steve Bremis Team
Office: Steve Bremis Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/11/2026 | ↓ Price Reduced | $3,599,000 | $150,000 | - | From $3,749,000 to $3,599,000 (-4.0%) |
| 05/07/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 04/30/2026 | 🏠 Listed for Sale | $3,749,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $22,041 | $2,159,200 |
Financial Details
Annual Property Tax
$22,041
Tax Year 2025
Assessed Value
$2,159,200
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
10,792 sq ft
Lot Size
0.37 acres
Bedrooms
27
Full Baths
16
Total Rooms
62
Investment Metrics
Units
16
Unit 1 Rent
$2,167/mo · Y
Unit 2 Rent
$2,275/mo · N
Unit 3 Rent
$1,850/mo · Y
Unit 4 Rent
$1,825/mo · Y
Total Monthly Rent
$8,117/mo
Gross Income
$345,000
Net Operating Income
$278,689
Operating Expenses
$66,311
Water/Sewer Expense
$8,546
Electric Expense
$8,913
Insurance Expense
$11,080
Cap Rate
7.74%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
Washer, Dryer
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
13
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$22,041
Assessed Value
$2,159,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
There Are Two Deeds To This Property. Operating Expenses Do Not Include Management Fee.
Exclusions
Tenant Belongings .
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
46 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
27
Full Bathrooms
16
Living Area
10,792 sq ft
Total Rooms
62
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
9,992 sq ft above grade
800 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Washer, Dryer
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Block
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
13
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Marlborough School District local
B-
School Safety
2024-25
4.5%
Above Average
4.4%
Suspensions
1.9%
In-School
0.1%
Expulsions
1.0% below state avg
Elementary Schools
3 schools
Immaculate Conception School
0.7 mi
Grades PK-08
C-
Richer School
0.9 mi
|
#694 of 824
|
Score: 36.1
Dropped 48 spots from last year
-22.1 below state avg
596 students
Diverse
Grades K-05
Early Childhood Center
0.9 mi
195 students
Diverse
Grades PK
Middle Schools
3 schools
C
1 LT Charles W. Whitcomb School
1.2 mi
|
#269 of 352
|
Score: 34.5
Improved 21 spots from last year
-23.7 below state avg
965 students
Moderate
Rising School
Grades 06-08
A
P. Brent Trottier Middle School
3.1 mi
|
#46 of 352
|
Score: 57.7
Dropped 28 spots from last year
-0.5 below state avg
404 students
Moderate
Strong Attendance
Grades 06-08
B-
David J. Quinn Middle School
4.1 mi
|
#212 of 352
|
Score: 39.9
Dropped 14 spots from last year
-18.3 below state avg
546 students
Moderate
Grades 05-07
High Schools
3 schools
A
Advanced Math and Science Academy Charter School
1.0 mi
|
#70 of 346
|
Score: 64.0
Improved 12 spots from last year
+5.8 above state avg
970 students
Diverse
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Attendance
Grades 06-12
New England Innovation Academy
1.5 mi
Grades 06-12
B-
Marlborough High School
1.5 mi
|
#192 of 346
|
Score: 52.1
Improved 48 spots from last year
-6.2 below state avg
985 students
Diverse
18 sports
• 1,084 athletes
Early College Program
Rising School
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown
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Homeowners Insurance
$200
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
61-65 Broad Street, Marlborough MA 01752
Marlborough, MA 01752
Listing Information
Listing Agent
The Steve Bremis Team
Listing Office
Steve Bremis Realty Group
Office Phone
617-828-1070
Agent MLS ID
TM311803
Office MLS ID
AN5028
Listing Data Updated
Jun 15, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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