72-74 Chestnut St Marlborough, MA 01752

This three-story townhouse-style triplex presents an opportunity for a 1031 exchange or owner-occupied investment. Each unit features an eat-in kitchen, living room, and four bedrooms. Newer decks and a second egress lead to individually fenced backyards. Each unit includes laundry facilities with a washer and dryer in its basement. The property has been well-maintained, with serviced systems, including $30,000 spent on de-leading and $20,000 in 2022 on reinforcing support. All units have updated kitchen cabinets, floors, carpets, and baths. Separate utilities are in place, paid by the tenants. Located near downtown Marlborough off Route 20 and minutes from 495, the property is also in close proximity to the Rail Trail, Ward Park, and downtown shops. The property was previously condo-ed and converted back to a three-family for a prior sale. The property is fully rented, and over $50,000 in improvements are planned for 2025. The current landlord has maintained the property well and is retiring from real estate. The property has very little overhead, with no common areas, electric, sprinkler, alarm, waste removal, or landscaping.