33 Union St, Southbridge, MA 01550
- $650,000
- 8
- BD
- 4
- BA
- 2,592
- SqFt
Listing courtesy of Listing Agent: Jason Saphire from Listing Office: www.HomeZu.com.
- List Price
- $650,000
- Status
- ACTIVE
- Days on Market
- 70
- MLS#
- 73523752
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,592
- Lot Size
- 9,148
- Acres
- 0.21
Property Description
Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses - taxes, trash, water/sewer, and common electric total under $12K annually - support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!
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Additional Information
- Taxes
- $4,462
- Zoning
- R3
- Flooring
- Vinyl, Hardwood, Other
- Exterior Features
- Frame, See Remarks
- Stories
- 6
- Levels
- 6
- Foundation
- Stone, Other
- Parking Features
- Off Street
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