13 Coombs Street, Southbridge, MA, 01550
24 rooms
10 beds
5 Full / 2 Half baths
2013
6,950 sqft
Nearly 7,000 sq. ft. of living space across two buildings, offering an exceptional investment or owner-occupant opportunity.The front building is a well-maintained 3-unit multifamily currently generating $6,250 per month. Behind it, a spacious single-family home with four attached garages spans more than 4,000 sq. ft built in 2013. Both structures are in excellent condition and connected to town water and sewer.Market rent for the single-family is estimated at $4,000+, and with a conservative 5% increase on existing multifamily rents, the gross rental pro forma exceeds $10,500 per month. This supports a projected cap rate of 9.7%.Zoned CC (Business District), the property also allows a wide range of by-right uses—including farmstand, wildlife preserve, group home, childcare/school, religious center, municipal use, retail store, restaurant/food service, professional offices, bank, barber, and appliance store—with additional options by special permit.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
CC
Garage:
4-car
Basement:
Full
Levels:
5
Parking:
22-car, Paved Drive
Est. Taxes:
$9,030
Assessment
$616,000
MLS #:
73433776
Community Info
School Info
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Listing courtesy of The Wp Group, Smith and Oak Real Estate Co. 401-400-4114