Address
78 Everett St, Southbridge, MA
Price
$ 900,000
Property Attributes
  • MLS#73191896
  • TypeMulti-Family
  • CountyWORCESTER
  • CitySouthbridge
  • Zip01550
  • Style5-9 Family
  • Year Built1900
  • Taxes$ 5083
  • Price$ 900,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4396
  • Lot Size0.33 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Rare opportunity to own a 6-unit asset in Southbridge! Admire the stunning original doors/hardware, bannisters and beautiful wrap around porch! 5 units are occupied. 3rd floor was gutted for renovation, but not completed. With April 1 rental increases, Rental income is strong at $7,400 monthly. See attachment for income and expenses. Asset has a brand-new shingle roof completed in 2024, new furnace in 2023, and Google Nest cameras installed outside. All common areas recently painted. Opportunity to add coin-op laundry in the basement for added income. Hookups available. This asset also provides storage space for tenants in the basement, three off-street parking spaces, as well as ample on-street parking options.

Price History
1/9/2024 Listed $900,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling None
Roof Shingle
Zoning R2
Patio/Porch Features Porch
Year Built 1900
Property SubType 5-9 Family
Tax Year 2023
Gross Income 88800
Community Features Public Transportation,Shopping,House of Worship
County Worcester
Net Operating Income 74343
Operating Expense 14457
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Heat,Hot Water),Unit 2(Heat,Hot Water),Unit 3(Heat,Hot Water),Unit 4(Heat,Hot Water)
Total Rooms 22
Status Active
Directions GPS Friendly
City Southbridge
Senior Community Y/N No
Total Units 6
Lot Size Square Feet 14373
Waterfront Y/N No
Street Name Everett St
Year Built Details Actual
Tax Annual Amount 5083
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 320900
Total Actual Rent 6600
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Total Stories 5
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 5
Total Bedrooms 9
Total Baths 5

Exterior Features

Parking Features Shared Driveway,Off Street
Water Source Public
Total Parking 3
Lot Size Area 0.33
Foundation Details Concrete Perimeter,Block
Spa No
Building Area Total 4396
Lot Size Acres 0.33
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01550

Price
AVG $530K
$900K
Taxes
AVG $3,686
$5,083
Visits
AVG 133
295
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1900

Your Agent

Listed By
Chantal Lallier with Berkshire Hathaway Home Service New England Properties.

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