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    596-688 Boston Post Rd E Marlborough, MA 01752

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    For Sale
    $859,000

    Four condos in two associations, great investment opportunity.

    Building Details

    Year built
    1964

    Source: Coldwell Banker Realty - Brookline Agent Eric Girard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marlborough Condo Package Deal

    This package deal features four condos for sale, located within two separate associations: Sheffield Court Condos (596-624 Boston Post Road E) and Mayflower Condos (688 Boston Post Road E) in Marlborough. The offering includes two studio units with rents ranging from $870 to $1325, which are currently below market value. Additionally, there is one one-bedroom unit and one two-bedroom, one-bathroom condo, with rents ranging from $1595 to $1895. Condo fees for the studios range from $154 to $198, while the two-bedroom unit has fees between $300 and $350. Lease terms vary, with some ending in 2025 and others in 2026. The studios are well-maintained and feature wall-to-wall carpeting. The two-bedroom unit is in good condition and includes a private deck. Taxes for each unit range from $1,100 to $2,443 per year. Each unit includes parking. The buildings are professionally managed and offer amenities such as storage and laundry facilities. The condo fees cover professional management, landscaping, junk removal, pest control, snow removal, and pool maintenance. This represents a great opportunity to own property in desirable Marlborough.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5068024
    Latitude
    42.349421

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    FAQs

    What type of property is this?
    Apartment building - Four condos in two associations, great investment opportunity.
    Where is this apartment building located?
    The property is located at 596-688 Boston Post Rd E Marlborough, MA.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: - Package deal: 4 condos for sale in 2 associations, offering immediate rental income.; - Rental income potential: Existing leases in place, generating income between $870 to $1895 per unit.; - Desirable location: Located in Marlborough, a sought-after area.
    (508) 280-2245
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    596-688 Boston Post Rd E Marlborough, MA 01752
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    596-688 Boston Post Rd E Marlborough, MA 01752
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