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165 Pleasant St

Southbridge, MA 01604
$535,000
6 Beds
3 Baths
1,240 Living Area
  • Property Description
    Turnkey 3-unit investment opportunity in Southbridge! This well-maintained multifamily offers a mix of unit sizes: a 2-bed/1-bath basement unit (current tenant, lease through 11/30/2026, $1,499/mo), a vacant 1-bed/1-bath unit ready for immediate occupancy or owner-use ($1,600/mo market rent), and a 2-bed/1-bath unit (current tenant, lease through 5/31/2027, $1,550/mo). Total gross rent potential of approximately $4,649/month. Low operating expenses with 2025 actuals including taxes ($2,915), R&M ($665), and utilities. Ideal for an investor seeking immediate cash flow with upside from the vacant unit. Don't miss this opportunity to add a solid asset to your portfolio! Buyer to do due diligence.
  • Highlights
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1860
    • Parking Spots: 3
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 9
    • Status: Active
  • Additional Details
    • Basement: Crawl Space
    • Exclusions: All Tenants' Personal Property
    • Lot Features: Other
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Frame, See Remarks
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Other
    • Year Built Details: Unknown/Mixed
    • Zoning: R2
  • Amenities
    • Parking Features: Off Street, Unpaved
  • Utilities
    • Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $225,800
    • Taxes: $2,915
    • Tax Year: 2025
    • Total Rent: $7,698

Location

165 Pleasant St, Southbridge, MA 01604

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