Well-Maintained Four-Unit
19 Ames Place Marlborough, MA 01752
For Sale
$1,150,000
Four well-maintained units in a renovated quadplex with updated systems, plus a 3-bay garage and coin-op laundry.
Property Size3,186 SF
Price / SF$360.95
Days on Market160
Property Features for 19 Ames Place
General Information
- Standard status
- Active
- Size
- 3,186 SF
- Property subtype
- Multi-family / 4 Family
Building Details
- Year Built
- 1900
Listing Agency:
White Real Estate
(508) 485-1704
Listed By:
Gary White · License #9043082
(508) 485-1704
Source:
Compass
Added: Feb 14
Changed: Jul 23
Last Checked: Jul 23 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of White Real Estate
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential property features a total interior renovation completed in 2008, with the home stripped to the studs and an updated layout created. Improvements included updated electrical, plumbing, heating, insulation, and kitchens. The property consists of two two-bedroom units and two one-bedroom units, providing efficient living configurations.
Additional on-site amenities include a 3-bay garage and coin-operated laundry machines. The property is offered for sale as a turnkey income-generating opportunity, with limited access for showings prior to the scheduled open houses on 2/21 and 2/22.
The asset’s current unit mix and renovated interior support straightforward operations for an owner seeking a low-maintenance multi-family setup.
Additional on-site amenities include a 3-bay garage and coin-operated laundry machines. The property is offered for sale as a turnkey income-generating opportunity, with limited access for showings prior to the scheduled open houses on 2/21 and 2/22.
The asset’s current unit mix and renovated interior support straightforward operations for an owner seeking a low-maintenance multi-family setup.
Key Highlights
- 4‑family (quadplex) with 2 two‑bedroom units and 2 one‑bedroom units
- Renovated in 2008: stripped to the studs; electrical, plumbing, heating, insulation, and kitchens updated
- Washer, dryer, range, dishwasher, and refrigerator in the units
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 | $101.3k | $31.80 |
| − Vacancy | −$5.0k | −$1.57 |
| EGI | $96.3k | $30.23 |
| − OpEx | −$28.9k | −$9.07 |
| NOI | $67.4k | $21.16 |
3,186 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$963.1K
$842.7K – $1.12M
NOI $67,417 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$905.6K
$792.4K – $1.06M
NOI $63,391 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,027 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four well-maintained units in a renovated quadplex with updated systems, plus a 3-bay garage and coin-op laundry.
Where is this quadplex located?
The property is located at 19 Ames Place Marlborough, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4‑family (quadplex) with 2 two‑bedroom units and 2 one‑bedroom units; Renovated in 2008: stripped to the studs; electrical, plumbing, heating, insulation, and kitchens updated; Washer, dryer, range, dishwasher, and refrigerator in the units
