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    45 River St Southbridge, MA 01550

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    For Sale
    $825,000

    Six-unit multifamily property with recent updates and new roof.

    Lot size:
    0.13 Acres

    Property Features for 45 River St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1900

    Source: Byrnes Real Estate Group LLC Agent Devin Alicea-Bailey

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

    Overview

    Southbridge Multifamily Investment Opportunity

    This six-unit multifamily property is located in Southbridge. It features three 2-bedroom apartments and three 3-bedroom apartments, totaling 15 bedrooms. Four of the six units are currently occupied. Two units have been recently updated. A new rubber roof was installed one month ago. The property offers spacious layouts and a convenient location near shops, schools, and major routes, presenting a stable investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0392836
    Latitude
    42.0825049

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with recent updates and new roof.
    Where is this apartment building located?
    The property is located at 45 River St Southbridge, MA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - New rubber roof installed one month ago.; - Six-unit multifamily with a mix of 2-bedroom and 3-bedroom apartments.; - Four of six units are currently occupied.
    (978) 882-3958
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    45 River St 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
    45 River St Southbridge, MA 01550
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