Active
108 Days on market
72-78 Highland St Marlborough — Photo 1 of 24

72-78 Highland St Marlborough — Photo 1 of 24

$1,485,000

72-78 Highland St, Marlborough, MA 01752

Marlborough, MA 01752

Investor Analysis

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)$292/sqft
16% AboveMarket Average

* Analysis is based on 20 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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