47 Morris St Southbridge, MA 01550
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.