7-unit multifamily investment opportunity featuring a mix of spacious 2- and 3-bedroom units across four levels, totaling over 7,700 sq ft of living area. Current rents are below market with two vacant units, providing immediate opportunity for lease-up and income growth. Property offers off-street parking, separate living layouts, and consistent rental demand in the area. Currently two vacant units, potentially being filled soon* Select units have been updated, and the building has been maintained over time. Tenants are responsible for their own utilities. Ideal for investors seeking in-place income with the ability to increase cash flow through rent optimization and stabilization. Financials reflect current rent roll only; buyer to perform due diligence.
- Basement:
- Dirt Floor, Unfinished
- Parking:
- Off Street, Paved, Paved Drive, Other
- Construction:
- Frame, See Remarks
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Other (see Remarks)
- Garage Parking
- Lead Paint:
- Certified Treated
- Market Time:
- 7
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $135
- Zoning:
- GB
- No Units:
- 7
- Orig Price:
- $1,050,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Southbridge
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01550
- Longitude:
- W73° 57' 36.5''
- Latitude:
- N42° 4' 43.3''
Residential Income
573 Main Street, Southbridge, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,050,000
- Bedrooms :
- 21
- Rooms :
- 21
- Total Bathrooms :
- 7
- Full Bathrooms :
- 7
- Square Footage :
- 7,752 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73500796
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
