13 Coombs St Southbridge, MA 01550
Estimated payment $6,288/month
About This Home
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.
Listing Agent
The WP Group
Smith and Oak Real Estate Co. Listed on: 09/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,030
Year Built
- Built in 2013
Parking
- 4 Car Garage
- Driveway
- Open Parking
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
Listing and Financial Details
- Assessor Parcel Number 3978443
Community Details
Overview
- 4 Units
- 5-Story Property
Building Details
- Net Operating Income $123,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,031 | $616,000 | $67,000 | $549,000 |
| 2024 | $9,875 | $647,100 | $55,800 | $591,300 |
| 2023 | $20,685 | $1,305,900 | $55,800 | $1,250,100 |
| 2022 | $5,986 | $334,400 | $26,300 | $308,100 |
| 2021 | $5,873 | $302,100 | $26,300 | $275,800 |
| 2020 | $5,419 | $278,200 | $26,300 | $251,900 |
| 2018 | $4,698 | $226,400 | $23,300 | $203,100 |
| 2017 | $4,540 | $220,700 | $23,300 | $197,400 |
| 2016 | $4,402 | $217,800 | $23,300 | $194,500 |
| 2015 | $4,072 | $200,000 | $23,300 | $176,700 |
| 2014 | $4,079 | $207,700 | $23,300 | $184,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/21/2025 09/21/25 | For Sale | $1,050,000 | +59.1% | $151 / Sq Ft | |
| 08/03/2022 08/03/22 | Sold | $660,000 | +1.6% | $95 / Sq Ft | View Prior Sale |
| 05/24/2022 05/24/22 | Pending | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Sale | $649,900 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $660,000 | None Available | |
| Deed | $660,000 | None Available | |
| Deed | $75,000 | -- | |
| Deed | $75,000 | -- | |
| Foreclosure Deed | $104,000 | -- | |
| Foreclosure Deed | $104,000 | -- | |
| Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,972 | FHA | |
| Closed | $637,972 | FHA | |
| Previous Owner | $15,384 | Commercial | |
| Previous Owner | $90,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73433776
APN: SBRI-000046-000131-000001
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