33 Union St Southbridge, MA 01550
Southbridge AreaEstimated payment $3,914/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,462
Year Built
- Built in 1900
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,592 Sq Ft Home
- Unfinished Basement
- Dirt Floor
- Washer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Car Parking Spaces
- Off-Street Parking
Additional Features
- Porch
- 9,148 Sq Ft Lot
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 3977697
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Electric Expense $483
- Operating Expense $483
- Net Operating Income $39,717
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,454 | $372,000 | $28,500 | $343,500 |
| 2024 | $4,106 | $269,100 | $14,300 | $254,800 |
| 2023 | $3,665 | $231,400 | $14,300 | $217,100 |
| 2022 | $3,469 | $193,800 | $12,200 | $181,600 |
| 2021 | $3,645 | $187,500 | $12,200 | $175,300 |
| 2020 | $3,653 | $187,500 | $12,200 | $175,300 |
| 2018 | $3,320 | $160,000 | $17,600 | $142,400 |
| 2017 | $2,783 | $135,300 | $17,600 | $117,700 |
| 2016 | $2,734 | $135,300 | $17,600 | $117,700 |
| 2015 | $3,117 | $153,100 | $19,000 | $134,100 |
| 2014 | $3,007 | $153,100 | $19,000 | $134,100 |
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 |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | For Sale | $650,000 | 0.0% | $251 / Sq Ft |
| 06/05/2026 06/05/26 | Pending | -- | -- | -- |
| 05/26/2026 05/26/26 | For Sale | $650,000 | -- | $251 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,054,659 | None Available | |
| Deed | $279,000 | None Available | |
| Deed | $224,900 | -- | |
| Deed | $224,900 | -- | |
| Deed | $210,000 | -- | |
| Deed | $144,000 | -- | |
| Foreclosure Deed | $60,137 | -- | |
| Deed | $54,100 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,341,000 | Commercial | |
| Closed | $6,200,000 | Commercial | |
| Previous Owner | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $205,560 | Stand Alone Refi Refinance Of Original Loan |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73523752
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.
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