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Up-Down Duplex with Parking

50 Highland Street Marlborough, MA 01752

50 Highland Street, Marlborough, MA, 01752
$619,000
For Sale
$619,000

Two-unit up/down duplex with two driveways, a fenced yard, and a detached two-car garage for off-street parking.

Property Size2,320 SF
Price / SF$266.81
Days on Market120

Property Features for 50 Highland Street

General Information

Standard status
Active
Size
2,320 SF
Property subtype
Multi-family / 2 Family - 2 Units Up/Down

Building Details

Year Built
1890
Listing Agency Castinetti Realty Group
Listed by Andrea Beth Castinetti · License #9584752
Source Compass
Added: Mar 24 Updated: Jul 20 at 5:45 pm Checked: Jul 20 at 5:45 pm

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 Castinetti Realty Group


Investment Insights

Based on property information with market context.

This up/down 2-family duplex offers two bedrooms and one full bath per unit, with spacious layouts, high ceilings, and original character details suited for cosmetic updates. Each unit has its own heating unit, and the second-floor unit has an updated boiler. The walk-out lower level features a finished room and a half bath, providing additional flexible space for storage, office use, or extended living needs.

Outside, the property includes a fenced yard and a covered front porch, along with a first-floor sunporch. Parking is supported by two separate driveways and a detached two-car garage.

Set for convenience to downtown Marlborough, local shops, dining, parks, and major commuter routes, the property combines classic appeal with an opportunity to enhance interior finishes.

Key Highlights

  • Up/down 2‑family duplex with 2 bedrooms and 1 full bath per unit
  • Separate heating units for each unit; updated boiler for the 2nd floor unit
  • Walk‑out lower level with a finished room and a half bath for flexible bonus space

Local 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 $73.8k $31.80
− Vacancy −$3.6k −$1.57
EGI $70.1k $30.23
− OpEx −$21.0k −$9.07
NOI $49.1k $21.16
2,320 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$701.3K
$613.7K – $818.2K (±1% cap)
NOI $49,092 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$659.4K
$577.0K – $769.3K (±1% cap)
NOI $46,160 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,140 @ 7.0% cap · market cap 15.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Hotel & Motel Cosmetic Store Florist Bakery (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Cafe & Coffee Shop

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

FAQs

What type of property is this?
Duplex - Two-unit up/down duplex with two driveways, a fenced yard, and a detached two-car garage for off-street parking.
Where is this duplex located?
The property is located at 50 Highland Street Marlborough, MA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Up/down 2‑family duplex with 2 bedrooms and 1 full bath per unit; Separate heating units for each unit; updated boiler for the 2nd floor unit; Walk‑out lower level with a finished room and a half bath for flexible bonus space
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