128 Elm St Southbridge, MA 01550
Centrally located multifamily property with strong rental income potential.
Lot size:
0.12 AcresProperty Features for 128 Elm St
General Information
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1900
Source:
Elliman
Listing Agent: Erivaldo Silveira
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Southbridge Multifamily Investment Opportunity
This centrally located property features two separate buildings. The front building contains three units: one 1-bedroom unit, one 2-bedroom unit, and one townhouse-style 2-bedroom unit. The rear building offers two 3-bedroom units, each equipped with laundry hookups and ground-level secured storage. Both buildings include large basements with concrete floors for additional storage, as well as fully accessible attics. Four out of the five units are currently occupied by long-term tenants. There is plenty of off-street parking available, along with a 420 square foot detached garage. This property is a solid addition to any portfolio.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Southbridge
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.0359894
- Latitude
- 42.071784
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Centrally located multifamily property with strong rental income potential.
Where is this multifamily property located?
The property is located at 128 Elm St Southbridge, MA.
What is the asking price?
The asking price for this property is $672,000.
What are key features of this property?
This property features: - Excellent cash flow from day one with four out of five units currently occupied by long-term, reliable tenants.; - Two separate buildings with a total of five units (mix of 1, 2, and 3-bedroom units) offering diverse rental options.; - Potential for owner-occupancy with tenants offsetting a significant portion of the mortgage.