33 Union St, Southbridge, MA, 01550
12 rooms
8 beds
4 Full baths
1900
2,592 sqft
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!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Washer Hookup
Units:
4
Zoning:
R3
Energy Features:
Other (See Remarks)
Basement:
Dirt Floor, Unfinished
Levels:
6
Parking:
4-car, Off Street
Acreage:
0.21
Est. Taxes:
$4,462
Assessment
$392,900
Construction
Frame, See Remarks
Utilities
for Gas Oven, Washer Hookup
Lot Description:
Other
Amenities:
Other
MLS #:
73523752
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Jason Saphire, www.HomeZu.com