Renovated Duplex with New
86 Chandler Street Marlborough, MA 01752
86 Chandler Street, Marlborough, MA, 01752
$1,399,000
For Sale
$1,399,000
Fully gutted and rebuilt duplex with new electrical, plumbing, HVAC, insulation, roofing, windows, and siding plus a 2024 two-car garage.
Property Size4,832 SF
Price / SF$289.53
Days on Market72
Property Features for 86 Chandler Street
General Information
- Standard status
- Active
- Size
- 4,832 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1925
Listing agency
Settlers Realty Group, LLC
(508) 304-2739
Listed by
Sergio Froes Oliveira · License #9557598
(508) 304-2739
Source
Compass
Added: May 11 Updated: Jul 21 at 4:38PM Checked: Jul 21 at 4:38PM
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 extensively renovated duplex was fully gutted and rebuilt with major system updates, including new electrical, plumbing, HVAC, insulation, flooring, roofing, windows, and siding. The exterior has been refreshed with new hardy-plank siding, PVC exterior trim, and composite decks. The property was also fully insulated with closed-cell foam insulation on the walls and rockwool insulation on the ceiling to support thermal and sound performance.
In 2024, the sellers completed a brand new two-car garage. The garage includes new HVAC and electrical, along with a two-floor finished space that provides additional flexibility and includes two bathrooms.
Overall, the property presents a thoroughly modernized residential income layout with significant exterior and mechanical improvements, plus the added utility of a newly constructed, finished garage structure.
In 2024, the sellers completed a brand new two-car garage. The garage includes new HVAC and electrical, along with a two-floor finished space that provides additional flexibility and includes two bathrooms.
Overall, the property presents a thoroughly modernized residential income layout with significant exterior and mechanical improvements, plus the added utility of a newly constructed, finished garage structure.
Key Highlights
- Fully gutted and rebuilt duplex (year built 1925) with new electrical, plumbing, HVAC, insulation, flooring, roofing, windows, siding, and driveway
- Exterior upgrades include new hardy‑plank siding, roof, PVC exterior trim, and composite decks plus an enclosed porch
- Fully insulated with closed‑cell foam insulation on the walls and rockwool insulation on the ceiling for thermal and sound performance
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 | $153.7k | $31.80 |
| − Vacancy | −$7.6k | −$1.57 |
| EGI | $146.1k | $30.23 |
| − OpEx | −$43.8k | −$9.07 |
| NOI | $102.2k | $21.16 |
4,832 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M
NOI $102,247 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $96,140 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$2.86M
$2.50M – $3.34M
NOI $200,237 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully gutted and rebuilt duplex with new electrical, plumbing, HVAC, insulation, roofing, windows, and siding plus a 2024 two-car garage.
Where is this duplex located?
The property is located at 86 Chandler Street Marlborough, MA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Fully gutted and rebuilt duplex (year built 1925) with new electrical, plumbing, HVAC, insulation, flooring, roofing, windows, siding, and driveway; Exterior upgrades include new hardy‑plank siding, roof, PVC exterior trim, and composite decks plus an enclosed porch; Fully insulated with closed‑cell foam insulation on the walls and rockwool insulation on the ceiling for thermal and sound performance
