Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses – taxes, trash, water/sewer, and common electric total under $12K annually – support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!
- Basement:
- Dirt Floor, Unfinished
- Parking:
- Off Street
- Construction:
- Frame, See Remarks
- Flooring:
- Vinyl, Hardwood, Other
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, Other (see Remarks), 100 Amp Service
- Garage Parking
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $251
- Zoning:
- R3
- No Units:
- 4
- Orig Price:
- $650,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Southbridge
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01550
- Longitude:
- W73° 57' 34.4''
- Latitude:
- N42° 4' 48.8''
Residential Income
33 Union St, Southbridge, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $650,000
- Bedrooms :
- 8
- Rooms :
- 12
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 2,592 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.21 Acre
- Listing ID :
- 73523752
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
