3-Unit Victorian
New
For Sale
$1,100,000
52 Shawmut Ave, Marlborough, MA 01752
Three apartments feature period detailing, a finished attic unit, basement storage, and a separate workshop.
Property Size3,232 SF
Lot Size0.46 Acres
Price / SF$340.35
Days on Market3
Property Features for 52 Shawmut Ave
General Information
Standard status
Active
Size
3,232 SF
Lot size
0.46 Acres
Property subtype
3 Family - 3 Units Up/Down
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1890
Buildings
1
Construction
Victorian
Tenancy
Multi
Listing Agency:
REMAX Executive Realty
(508) 480-8400
Listed By:
S. Elaine McDonald · License #90417
(978) 838-9444
Source:
Lockandkeyre
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 12:07PM
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 REMAX Executive Realty
Investment Insights
Based on property information with market context.
This 3,200-square-foot Victorian triplex contains three apartments with a stated 4/4/3 configuration. Period features include detailed moldings, turrets, bay windows, stained glass, built-ins, and porches. The third-floor apartment has a finished attic; the basement provides storage and a separate workshop. The heating system was updated in December 2020. The property occupies a 20,000-square-foot lot in Marlborough, near major highways, Apex Center, and AMSA Charter School.
Key Highlights
- 3,200‑square‑foot Victorian triplex with a 4/4/3 configuration
- 20,000‑square‑foot lot
- Third‑floor apartment includes a finished attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,390
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,800
$1.4M
Cap Rate 7%
$977,000
$977.0K
Cap Rate 9%
$759,889
$759.9K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$102.8K $31.80/SF
− Vacancy
−$5.1K −$1.57/SF
EGI
$97.7K $30.23/SF
− OpEx
−$29.3K −$9.07/SF
NOI
$68.4K $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%
$1,367,800
Cap Rate 7%
$977,000
Cap Rate 9%
$759,889
Alternative Uses
Best Use
Multifamily LT 5
$977.0K
$854.9K – $1.14M
NOI $68,390 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$918.7K
$803.8K – $1.07M
NOI $64,306 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,933 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
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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
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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 apartments feature period detailing, a finished attic unit, basement storage, and a separate workshop.
Where is this triplex located?
The property is located at 52 Shawmut Ave Marlborough, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,200‑square‑foot Victorian triplex with a 4/4/3 configuration; 20,000‑square‑foot lot; Third‑floor apartment includes a finished attic
