Two-Family Residential Income
58 Stevens Street Marlborough, MA 01752
For Sale
$739,000
Two-unit property offering a three-bedroom and a four-bedroom layout, each with one full bath, plus off-street parking and storage.
Property Size2,723 SF
Price / SF$271.39
Days on Market9
Property Features for 58 Stevens Street
General Information
Standard status
Active
Size
2,723 SF
Property subtype
Multi-family
Lease Term
[]
Building Details
Year Built
1905
Listing Agency:
Settlers Realty Group,LLC
Listed By:
Sergio Froes Oliveira
(978) 537-8301
Source:
Foster-healey
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 29 at 5:02PM
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 Settlers Realty Group,LLC
Investment Insights
Based on property information with market context.
This two-family residential income property features two separate units. The first-floor unit includes three bedrooms and one full bath, and the second-floor unit includes four bedrooms and one full bath. Both units are described as providing generous living space with flexible layouts.
The property is situated on a flat lot with ample off-street parking and additional storage. It is located in Marlborough, with proximity to shopping, dining, major routes, and area amenities.
The offering is for sale, and property information is based on available records; buyers and buyer’s agents should perform their own due diligence.
The property is situated on a flat lot with ample off-street parking and additional storage. It is located in Marlborough, with proximity to shopping, dining, major routes, and area amenities.
The offering is for sale, and property information is based on available records; buyers and buyer’s agents should perform their own due diligence.
Key Highlights
- Two‑family property built in 1905 with two separate units
- First‑floor unit: 3 bedrooms and 1 full bath
- Second‑floor unit: 4 bedrooms and 1 full bath
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 | $86.6k | $31.80 |
| − Vacancy | −$4.3k | −$1.57 |
| EGI | $82.3k | $30.23 |
| − OpEx | −$24.7k | −$9.07 |
| NOI | $57.6k | $21.16 |
2,723 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$823.1K
$720.3K – $960.3K
NOI $57,620 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$774.0K
$677.2K – $903.0K
NOI $54,179 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,840 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property offering a three-bedroom and a four-bedroom layout, each with one full bath, plus off-street parking and storage.
Where is this duplex located?
The property is located at 58 Stevens Street Marlborough, MA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Two‑family property built in 1905 with two separate units; First‑floor unit: 3 bedrooms and 1 full bath; Second‑floor unit: 4 bedrooms and 1 full bath
