Charming Marlborough Multi-Family
17 Winthrop St, Marlborough, MA 01752
New
MULTI_FAMILY - Marlborough, MA
Property size:
2,088 SFLot size:
0.16 AcresPrice / SF:
$251/SF- Added:
- May 13, 2026
- Days on Market:
- 3
- Last Refresh:
- May 15 at 8:06 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 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4
- Parking
- 3
- Standard status
- Active
- 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
- Major improvements completed: windows, roof, high‑efficiency heating system, water heater, and updated electrical.
- Zoned multi‑family, offering flexibility for owner‑occupants or investors.
- Convenient location: near downtown, public library, parks, local amenities, and the Marlborough Boardwalk.
- Potential for additional living space: basement and walk‑up attic with high ceilings (over 500 sqft).
- Private, level backyard.
- Abundant natural light and classic molding details.
Overview
This well-cared for two-family home in Marlborough presents a perfect investment opportunity. Full of charm and character, the property is zoned multi-family but has been utilized as a single-family residence for the past two decades, offering flexibility for owner-occupants or investors. While some cosmetic updates may be desired, many major improvements have been completed, including windows, roof, high-efficiency heating system, water heater, and updated electrical systems. The home features abundant natural light, classic baseboard and crown molding details throughout, and potential for additional living space in the basement. The walk-up attic, with high ceilings, offers over 500 square feet of potential. The property also includes a private, level backyard and potential for a driveway extension. Conveniently located on a side street near downtown, it is steps away from 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.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$490.9K
NOI $44,183 @ 9.00% cap · cautious / downside scenario
Moderate
$631.2K
NOI $44,183 @ 7.00% cap · market / base-case scenario
Aggressive
$883.7K
NOI $44,183 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| 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 Use Scenarios
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
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Marlborough
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.5564605
- Latitude
- 42.3453094
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with recent major improvements in prime location.
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: Major improvements completed: windows, roof, high‑efficiency heating system, water heater, and updated electrical.; Zoned multi‑family, offering flexibility for owner‑occupants or investors.; Convenient location: near downtown, public library, parks, local amenities, and the Marlborough Boardwalk.
