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