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128 & 128 1/2 Elm St

Southbridge, MA 01550
$615,000
11 Beds
5 Baths
4,022 Living Area
  • Property Description
    Opportunity knocks with this centrally located property consisting of two separate buildings. The front building consists of three units: one 1-bedroom unit, one 2-bedroom unit, and one townhouse style 2-bedroom unit. The rear building consists of two 3-bedroom units, each has laundry hookups inside the unit and ground level secured storage for convenience. Both buildings have large basements with concrete floors for additional storage as well as fully accessible attics. Four out of five units currently occupied by long term strong, reliable tenants, offering excellent cash flow from day one. Investors will appreciate the rental income, while an owner-occupant could live affordably with tenants off-setting majority of mortgage. Plenty off street parking and 420 sq foot detached garage. High income-producing, solid addition to any portfolio! Agent has ownership interest in the property. Multifamily portfolio for sale in Southbridge, see also: #73452418, #73452471, #73452451, #73452461.
  • Highlights
    • Heating: Electric, Baseboard, Natural Gas
    • Parking Spots: 8
    • Property Type: 5-9 Family
    • Total Rooms: 21
    • Status: Closed
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Refrigerator, Range Hood
    • Construction: Frame
    • Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
    • Interior Features: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub, Smart Thermostat, Living Room, Kitchen, Mudroom
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R3
    • Basement: Full, Walk-Out Access, Concrete, Unfinished
    • Exterior Features: Balcony/Deck, Rain Gutters
    • Foundation: Concrete Perimeter, Stone
    • Lot Features: Cleared, Level
    • Roof: Shingle, Slate, Rubber
    • Total Number of Units: 5
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, Sidewalks
    • Parking Features: Off Street
    • Covered Parking Spaces: 2
  • Utilities
    • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
    • Water Source: Public, Individual Meter
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $494,300
    • Tax Year: 2025
    • Total Rent: $6,300
    • Rental Fee Includes: Unit 1(Water), Unit 2(None), Unit 3(None), Unit 4(None)
    • Taxes: $7,246

Location

128 & 128 1/2 Elm St, Southbridge, MA 01550

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Martin Murphy. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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