Building Details

Year Built 1988

Listing Agency: Show Phone

Listed By: Raquel Franco Show Phone

Source: Elliman

Added: Aug 5 Changed: Aug 8 Last Checked: Aug 9 at 9:10AM

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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 Raquel Franco

Investment Insights

Based on property information with market context.

The offering includes seven condominium units within a 12-unit multifamily complex at 152 Southbridge Rd in Warren, Massachusetts. Built in 1988, the property features low-maintenance vinyl siding, Anderson windows, fresh paint, and recent interior updates. Newer stainless-steel appliances convey in most units, and each unit is separately metered.

Property improvements include town water and sewer, a sewer grinder pump installed in 2022, and roof shingles and sheathing replaced the same year. The parking lot was repaved in 2023, while covered porches were refurbished in 2024. All leases are performing, providing an occupied seven-unit package within the larger condominium complex.

Key Highlights

• Seven of 12 condominium units included in the offering
• Units are separately metered
• Built in 1988 with low‑maintenance vinyl siding

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Explore this area Business Placement

Demographics for 01585, MA

4,899

Population

2,432

Households

2

Avg Household Size

50

Median Age

28%

College-Educated

94%

High-School Grad

28.1 sq mi

ZIP Area

174

Density / Sq Mi

$70,753

Median Household Income

$42,338

Median Earnings

$1,153

Median Rent

$319,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Seven separately metered condominium units are offered within a 12-unit complex with performing leases.

Where is this multifamily property located?

The property is located at 152 Southbridge Rd Warren, MA.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Seven of 12 condominium units included in the offering; Units are separately metered; Built in 1988 with low‑maintenance vinyl siding