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Property profile & analytics
FOR SALE
Triplexes

47 Morris St Southbridge, MA 01550

2,074 SF Built 1890
Property ID
US38-2438855
Property summary
AI-generated overview

FULLY VACANT investment opportunity in Southbridge! This extensively renovated three-family property has undergone significant upgrades throughout, offering peace of mind for both investors and owner-occupants alike. Major improvements include a new roof, new windows, upgraded electrical service with new panels and meters, complete removal of cast-iron plumbing, and separation of gas and water services for each unit. Each apartment has been thoughtfully updated with new flooring, fresh paint, modern lighting, all-new kitchen plumbing, and completely updated bathroom plumbing. Additional improvements include new water lines, separate utility services, and all new hot water heaters.Safety and functionality have also been enhanced with the addition of exterior egress for the third-floor unit. With major mechanical, plumbing, electrical, and cosmetic updates completed, this property presents a rare opportunity to acquire a low-maintenance multifamily asset with strong rental potential.

Property profile
Verified
Property type Triplexes
Year built 1890
Total area 2,074 SF
UPID US38-2438855
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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