Two-Family Residential Income
17-19 Coolidge Ave Southbridge, MA 01550
New
17-19 Coolidge Ave, Southbridge, MA, 01550
$429,900
For Sale
$429,900
Two spacious 3-bedroom units with large living rooms, with one unit delivered vacant.
Property Size2,576 SF
Price / SF$166.89
Days on Market5
Property Features for 17-19 Coolidge Ave
General Information
- Standard status
- Active
- Size
- 2,576 SF
- Property subtype
- 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1927
Listing agency
Cameron Real Estate Group
(978) 821-2404
Listed by
Bob DeVito · License #452508574
(978) 821-2404
Source
Iverty
Added: Jul 17 Updated: Jul 21 at 3:58AM Checked: Jul 21 at 3:58AM
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 Cameron Real Estate Group
Investment Insights
Based on property information with market context.
This two-family residential income property offers two open and spacious units, each featuring three bedrooms and large living rooms. It is positioned as a flexible option for an owner-occupant, with one unit delivered vacant to support timely move-in or leasing.
The property is listed for sale and is located at 17-19 Coolidge Ave in Southbridge, Massachusetts.
The property is listed for sale and is located at 17-19 Coolidge Ave in Southbridge, Massachusetts.
Key Highlights
- Two‑family home built in 1927
- Each unit features 3 bedrooms
- Both units offer large living rooms
Local 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 | $51.0k | $19.80 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $49.7k | $19.31 |
| − OpEx | −$14.9k | −$5.79 |
| NOI | $34.8k | $13.52 |
2,576 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$497.4K
$435.3K – $580.4K
NOI $34,821 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$432.9K
$378.8K – $505.1K
NOI $30,304 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$879.7K
$769.7K – $1.03M
NOI $61,577 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two spacious 3-bedroom units with large living rooms, with one unit delivered vacant.
Where is this duplex located?
The property is located at 17-19 Coolidge Ave Southbridge, MA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Two‑family home built in 1927; Each unit features 3 bedrooms; Both units offer large living rooms
