$672,000

128 & 128 1 2 Elm St Southbridge, MA 01550

Estimated payment $4,121/month

11 Beds
5 Baths
4,022 Sq Ft
$167 Price per Sq Ft

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Mud Room

About This Home

Opportunity knocks with this centrally located property consisting of two separate buildings. The front building consists of three units: one 1-bedroom unit, one 2-bedroom unit, and one townhouse style 2-bedroom unit. The rear building consists of two 3-bedroom units, each has laundry hookups inside the unit and ground level secured storage for convenience. Both buildings have large basements with concrete floors for additional storage as well as fully accessible attics. Four out of five units currently occupied by long term strong, reliable tenants, offering excellent cash flow from day one. Investors will appreciate the rental income, while an owner-occupant could live affordably with tenants off-setting majority of mortgage. Plenty off street parking and 420 sq foot detached garage. High income-producing, solid addition to any portfolio! Agent has ownership interest in the property. Multifamily portfolio for sale in Southbridge, see also: #73452418, #73452471, #73452451, #73452461.

Listing Agent

Erivaldo Silveira

Voro MA LLC Listed on: 11/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Near Conservation Area
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,022 Sq Ft Home
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Eastford Road Elementary School
  • Southbridge Middle School
  • Southbridge High School

Utilities

  • No Cooling
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(none), unit 3(none), unit 4(none)
  • Assessor Parcel Number M:0047 B:0099 L:00001

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $436
  • Insurance Expense $4,781
  • Water Sewer Expense $2,282
  • Operating Expense $9,655
  • Net Operating Income $65,945

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub, Smart Thermostat, Living Room, Kitchen, Mudroom
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Range Hood
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 4022
  • Living Area: 4022
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5679

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Slate, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric, Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(None), Unit 3(None), Unit 4(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2282

Lot Info

  • Parcel Number: M:0047 B:0099 L:00001
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7246

Multi Family

  • Electric Expense: 436
  • Insurance Expense: 4781
  • Net Operating Income: 65945
  • Number Of Units Total: 5
  • Operating Expense: 9655
  • Total Actual Rent: 6300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

MLS Schools

  • High School: Southbridge Hs
  • Elementary School: Eastford Road School
  • Middle Or Junior School: Southbridge Ms

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $672,000 -- $167 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73452427

MLS Property Information Network (MLS PIN)