Sold!
$699,900
5
Beds
3/3
Baths
4,352
Living Area
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Property Description
Check out this value add/redevelopment opportunity with this mixed-use building located on Route 122 in Northbridge. This mixed-use building is fully occupied with 3 commercial spaces on the first floor and two 2-bedroom apartments on the second floor with plenty of parking. Current rents are below market. Approvals in hand to convert existing use to all apartments and double the size of the existing building to create a total of 8 2-bedroom units. Also has approval to hookup to town sewer. Sale to include a separate lot in the rear (0 Providence Road) for a total of 2.76 acres. Excellent location and high demand for apartments make this a great opportunity for an investor, developer or contractor.
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Highlights
- Area: Linwood
- Property Class: Residential Income
- Total Rooms: 17
- Status: Closed
- Parking Spots: 12
- Property Type: 5-9 Family
- Year Built: 1974
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Additional Details
- Basement: Full, Partially Finished, Concrete
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Vinyl, Carpet, Hardwood
- Lot Features: Additional Land Avail., Cleared, Gentle Sloping
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 220 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Inspection Required for Sale
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Fees / Taxes
- Assessed Value: $557,300
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $3,950
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $7,223
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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 Keller Williams Boston Metrowest.
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