128 128 1 2 Elm St Southbridge, MA 01550
Estimated payment $4,349/month
Total Views
995
11
Beds
5
Baths
3,848
Sq Ft
$175
Price per Sq Ft
Highlights
- Golf Course Community
- Granite Flooring
- 1 Fireplace
- Medical Services
- Property is near public transit
- Jogging Path
About This Home
Unique Multi-Family Investment Opportunity! This rare offering features two separate buildings on one lot, combining for a total of five units. The front building offers 3 units, while the rear building contains 2 additional units, providing flexible rental configurations with a mix of 1 to 3-bedroom layouts to attract a wide tenant base. Investors, you will appreciate the strong income generation currently & potential to increase cash flow, with one unit currently vacant and ready for new occupancy or owner-use. Vacant townhouse style apartment is ready for update & rent. Recent updates include water submetering, replacement windows and new sewer lines installed in 2021, offering peace of mind and reduced maintenance costs. Whether you're looking to expand your portfolio or enter the rental market with a high-demand property, this is an opportunity you don’t want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,246
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
- Cleared Lot
- Garden
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 3,848 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Living Room
- Granite Flooring
- Range
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Balcony
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 5 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
Listing and Financial Details
- 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
- Park
- Jogging Path
Building Details
- Electric Expense $436
- Insurance Expense $4,781
- Water Sewer Expense $2,282
- Operating Expense $9,655
- Net Operating Income $65,945
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | For Sale | $674,900 | -- | $175 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Home in Southbridge, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396897
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes