Charming Marlborough Multi-Family
17 Winthrop St, Marlborough, MA 01752
MULTI_FAMILY - Marlborough, MA
Property size:
2,088 SFLot size:
0.16 AcresPrice / SF:
$251/SF- Added:
- May 13, 2026
- Days on Market:
- 21
- Last Refresh:
- Jun 2 at 4:06 pm
Property Features for 17 Winthrop St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2
- Parking
- 3
- Standard status
- Active Under Contract
- APN
- M:069 B:230 L:000,614332
- Size
- 2,088 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5280
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
Listing agent Bill Wright License #5503 (508) 480-8400
Listing office REMAX Executive Realty 4 Mount Royal Avenue, #110H, Marlborough, MA (508) 480-8400
Listing date May 13, 2026
MLS# 73518093
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location near downtown, library, parks, and amenities.
- Zoned multi‑family, offering flexibility for owner‑occupants or investors.
- Major improvements completed: windows, roof, heating system, water heater, and electrical.
- Potential for additional living space in the basement and walk‑up attic (over 500 sqft).
- Abundant natural light and classic architectural details.
- Private, level backyard and potential driveway extension.
Overview
This well-maintained two-family home, full of charm and character, presents a perfect investment opportunity in Marlborough. Zoned multi-family but utilized as a single family for the past two decades, it offers flexibility for owner-occupants or investors. The property features abundant natural light, classic baseboard and crown molding details throughout. Potential for additional living space is available in the basement, and in the walk-up attic with high ceilings offering over 500 square feet. Major improvements have been completed, including windows, roof, high-efficiency heating system, water heater, and updated electrical. The property includes a private, level backyard and potential driveway extension. Conveniently located on a side street near downtown, the property is steps to the new public library, parks, local amenities, and the Marlborough Boardwalk. The lot size is 0.1612 acres and the property size is 2088 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.4k | $31.80 |
| − Vacancy | −$3.3k | −$1.57 |
| EGI | $63.1k | $30.23 |
| − OpEx | −$18.9k | −$9.07 |
| NOI | $44.2k | $21.16 |
2,088 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$631.2K
$552.3K – $736.4K
NOI $44,183 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$593.5K
$519.3K – $692.4K
NOI $41,544 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,526 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Marlborough
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.556484
- Latitude
- 42.34529
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with recent major improvements, flexible zoning.
Where is this duplex located?
The property is located at 17 Winthrop St Marlborough, MA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location near downtown, library, parks, and amenities.; Zoned multi‑family, offering flexibility for owner‑occupants or investors.; Major improvements completed: windows, roof, heating system, water heater, and electrical.
