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Two-Family Duplex with Off-Street Parking
New
For Sale
$379,900

42 Fox Run, Southbridge, MA 01550

Two units include flexible living and dining areas, separate utilities, gas heat, and washer/dryer hookups.

Days on Market3

Property Features for 42 Fox Run

General Information

Standard status Active
Property subtype Investment

Amenities

washer/dryer hookups
central air conditioning
newer deck
fenced backyard

Building Details

Building Size 1,800 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency:
Listed By: Elizabeth Champi
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 4:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elizabeth Champi

Investment Insights

Based on property information with market context.

This two-family duplex at 42 Fox Run in Southbridge Town, MA, was built in 1900. Both units feature a living room/dining room combination, two bedrooms, a kitchen, washer/dryer hookups, gas heat, and separate utilities. The second-floor unit also includes central air conditioning.

Recent property updates include a newer deck, a fenced backyard completed in 2023, and a new hot water tank for the first-floor unit in 2023. The property also provides off-street parking. With two residential units and separate utilities, the layout supports an owner-occupant arrangement or continued use as a two-unit income property.

Key Highlights

  • Two‑family duplex with two bedrooms in each unit
  • Both units include living room/dining room combinations, kitchens, and washer/dryer hookups
  • Separate utilities and gas heat serve both units

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $35.6k $19.80
− Vacancy −$880 −$0.49
EGI $34.8k $19.31
− OpEx −$10.4k −$5.79
NOI $24.3k $13.52
1,800 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$347.6K
$304.2K – $405.5K (±1% cap)
NOI $24,332 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K (±1% cap)
NOI $21,175 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$614.7K
$537.8K – $717.1K (±1% cap)
NOI $43,027 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Furniture & Home Goods Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

Demographics for 01550, MA

17,740
Population
7,644
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
82%
High-School Grad
20.2 sq mi
ZIP Area
878
Density / Sq Mi
$59,397
Median Household Income
$41,365
Median Earnings
$1,157
Median Rent
$267,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two units include flexible living and dining areas, separate utilities, gas heat, and washer/dryer hookups.
Where is this duplex located?
The property is located at 42 Fox Run Southbridge, MA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two‑family duplex with two bedrooms in each unit; Both units include living room/dining room combinations, kitchens, and washer/dryer hookups; Separate utilities and gas heat serve both units
More about this property
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