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    16 Wardwell Ct Southbridge, MA 01550

    For Sale
    $599,900

    Income-generating four-unit property with updates in a convenient location.

    Lot size:
    0.11 Acres

    Property Features for 16 Wardwell Ct

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: Hometown Realty Associates LLC Agent Christi Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Four-Unit Multifamily Property

    This four-unit multifamily property is located on a dead-end street, offering a potentially quieter environment. The property is positioned behind the town library and near Main Street, providing convenient access to banking, restaurants, and other amenities. All units are currently occupied, providing immediate rental income. Tenants are responsible for covering their own heating and electricity expenses. The third floor is currently used for storage; however, there is potential for additional development, subject to town approval, with ample space available for a possible additional unit. The units are described as being in great shape with numerous updates.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0317449
    Latitude
    42.075289

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    FAQs

    What type of property is this?
    Quadplex - Income-generating four-unit property with updates in a convenient location.
    Where is this quadplex located?
    The property is located at 16 Wardwell Ct Southbridge, MA.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - All 4 units are currently occupied, providing instant rental income.; - Tenants are responsible for paying their own heat and electricity.; - Great location behind the town library and close to Main Street amenities.
    (508) 864-3356
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    16 Wardwell Ct Southbridge, MA 01550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Wardwell Ct Southbridge, MA 01550
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