NOT LISTED FOR SALE

197 Everett St Southbridge, MA 01550

18 Beds
6 Baths
6,390 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: May 6, 2025

Last sale price $1,152,000 $180 Per Sq Ft

7 Days on Market

About This Home

As of May 2025

This remodeled Six- Family building offers solid rental income and a reliable rental history. Equipped with solar panels(Owned not leased), it's energy-efficient and cost-effective. Located less than 1/2 mile from downtown and just 15 minutes from the Amazon Distribution Center and Walmart, and Harrington Hospital. Prime investment opportunity with modern updates and strong tenant appeal. This property was gut renovated in 2017 with new kitchens and baths. Delead certificates available. Additional income from solar. Group showing of limited units Wed 2/26/25 3PM by appointment

Last Agent to Sell the Property

Brian Allen

Property Investors & Advisors, LLC Listed on: 02/24/2025

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,793

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,390 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $11,350
  • Assessor Parcel Number M:0054 B:0020 L:00001,3979708

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $5,022
  • Operating Expense $13,140
  • Net Operating Income $82,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,793

Year Built

Built in 1890

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Above Grade Finished Sq Ft: 6390
  • Living Area: 6390
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6259
  • MAIN SO: AN8160

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 6

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0054 B:0020 L:00001,3979708
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8793

Multi Family

  • Insurance Expense: 5022
  • Net Operating Income: 82036
  • Number Of Units Total: 6
  • Operating Expense: 13140
  • Total Actual Rent: 11350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
May 5, 2025
Sold by
Bought by
Seller's Agent
Brian Allen
Property Investors & Advisors, LLC
Buyer's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
List Price
$1,150,000
Sold Price
$1,152,000
Premium/Discount to List
$2,000
0.17%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$921,600
Interest Rate
0.0667%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,152,000 None Available
$60,000 --
$340,000 --
$95,000 --
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $921,600
Closed $381,750
Closed $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2025 05/06/25 Sold $1,152,000 +0.2% $180 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $1,150,000 -- $180 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,645 $726,100 $37,200 $688,900
2024 $8,793 $576,200 $31,000 $545,200
2023 $7,842 $495,100 $31,000 $464,100
2022 $7,409 $413,900 $26,500 $387,400
2021 $7,784 $400,400 $26,500 $373,900
2020 $7,800 $400,400 $26,500 $373,900
2018 $6,738 $324,700 $19,700 $305,000
2017 $3,256 $158,300 $19,700 $138,600
2016 $3,199 $158,300 $19,700 $138,600
2015 $5,037 $247,400 $19,700 $227,700
2014 $4,859 $247,400 $19,700 $227,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73337755

MLS Property Information Network (MLS PIN)
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