Updated Three-Unit
For Sale
$930,000
Pending
179 Chestnut Street, Marlborough, MA 01752
Residential Income, Marlborough, MA
Property Size3,339 SF
Lot Size0.13 Acres
Days on Market55
Property Features for 179 Chestnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA-2
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 1
Parking
6
Directions
Route 85 to Chestnut Street
Standard status
Pending
APN
613849
Size
3,339 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6532
Building Details
Year built
1925
Floors in Building
4
Number of units
3
Listing Agency:
REMAX Executive Realty · RE/MAX International
(508) 435-6700
Listed By:
Bill Wright · License #5503
(508) 223-7200
Added: Aug 13
Changed: Sep 14
Last Checked: Oct 6 at 7:06AM
MLS# 73563635
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.
Investment Insights
Based on property information with market context.
This three-unit residential property contains 3,339 square feet on a 0.1299-acre lot and was built in 1925. The first-floor apartment includes three bedrooms, one full bathroom, and finished recreation space in the basement. The second floor also provides three bedrooms, while the top-floor unit has one bedroom, an office, and an open living and dining arrangement. Each apartment includes granite countertops and updated bathrooms.
Vinyl siding supports straightforward exterior maintenance, and six off-street parking spaces serve the property. The building is located in Marlborough, Massachusetts, with access to nearby shopping and highways. RA-2 zoning applies to the property.
Vinyl siding supports straightforward exterior maintenance, and six off-street parking spaces serve the property. The building is located in Marlborough, Massachusetts, with access to nearby shopping and highways. RA-2 zoning applies to the property.
Key Highlights
- Three‑unit property with 3,339 square feet
- 0.1299‑acre lot in Marlborough, MA
- First‑floor unit includes 3 bedrooms, 1 full bathroom, and finished basement recreation space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,654
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,413,080
$1.4M
Cap Rate 7%
$1,009,343
$1.0M
Cap Rate 9%
$785,044
$785.0K
Market Conditions
NOI Build-Up for 3,339 SF
Gross rent
$106.2K $31.80/SF
− Vacancy
−$5.2K −$1.57/SF
EGI
$100.9K $30.23/SF
− OpEx
−$30.3K −$9.07/SF
NOI
$70.7K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,413,080
Cap Rate 7%
$1,009,343
Cap Rate 9%
$785,044
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$883.2K – $1.18M
NOI $70,654 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$949.1K
$830.4K – $1.11M
NOI $66,435 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,367 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Explore this area
Business Placement
Demographics for 01752, MA
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units combine flexible layouts, refreshed interiors, and six off-street parking spaces.
Where is this triplex located?
The property is located at 179 Chestnut Street Marlborough, MA.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Three‑unit property with 3,339 square feet; 0.1299‑acre lot in Marlborough, MA; First‑floor unit includes 3 bedrooms, 1 full bathroom, and finished basement recreation space
