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$1,130,000
17
Beds
8
Baths
5,224
Living Area
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Property Description
Well-maintained 8-unit multifamily property in Southbridge offering immediate cash flow and strong rental history. The building consists of a mix of 1, 2, and 3-bedroom units — Basement (2BR), 1L (2BR), 1R (3BR), 1Rear (2BR), 2L (2BR), 2R (2BR), 3L (3BR), and 3R (1BR) — with current gross monthly rent of $9,242 and an average of $1,540/unit. Offered at $1,320,000. Annual expenses include property taxes, disposal & waste fees, electricity, and water & sewer. Several units currently show below-market rents, presenting upside potential for an experienced investor. Ideal for a 1031 exchange or portfolio addition. Easy highway access and proximity to local amenities make this a sought-after location for long-term tenants.
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
- Parking Spots: 7
- Property Type: 5-9 Family
- Total Rooms: 21
- Status: Closed
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Additional Details
- Basement: Partial, Unfinished
- Exclusions: Tenant Personal Property
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: R3
- Construction: Frame, See Remarks
- Flooring: Vinyl, Carpet, Hardwood
- Lot Features: Other
- Roof: Shingle, Rubber, Other
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Community Features: Other
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $675,500
- Taxes: $8,998
- Tax Year: 2025
- Total Rent: $9,242
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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 Lamacchia Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
