NOT LISTED FOR SALE

48 Union St Southbridge, MA 01550

9 Beds
4 Baths
4,659 Sq Ft
0.35 Acres

Last Sold March 01, 2024

Last sale price $500,000 $107 Per Sq Ft

9 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Enclosed patio or porch
  • Medical Services
  • Jogging Path
  • Bathtub with Shower

About This Home

As of March 2024

Highest and best offers due by Wednesday 1/3 at 6:00 pm. Great opportunity to own this four unit building with great rental income as an owner occupied or investment possibility. The property also has a 4 car garage with separate bays for additional monthly income.Two units have been completely renovated. The other two units have been occupied by the current tenants for over 15 years. Both front hallways and both rear enclosed porches are in great condition and all freshly painted. There are two units per floor with separate hallways for each side leading to part. fin. walk up attic areas for possible additional living space or storage (not included in the total living area). All tenants at will. Tenants pay own heat and hot water. Reasonable water/sewer fees. Separate oil furnaces for each unit, one was replaced about one year ago. Landlord meter has been installed for common areas. Very neat full basement.

Last Agent to Sell the Property

Miranda Bousquet

Bousquet Real Estate Listed on: 12/26/2023

Last Buyer's Agent

John Monterroso

1 Worcester Homes

1 Worcester Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Cleared Lot

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,659 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Storm Doors
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $4,350
  • Rent includes unit 1(water), unit 2(water other (see remarks)), unit 3(water), unit 4(water)
  • Tax Lot 109
  • Assessor Parcel Number 3977763

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Electric Expense $168
  • Insurance Expense $3,819
  • Water Sewer Expense $1,885
  • Operating Expense $5,872
  • Net Operating Income $46,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,838

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Varies, Laminate, Hardwood, Vinyl / VCT
  • Interior Amenities: Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 4659
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: K01030
  • LIST PRICE PER Sq Ft: 96.57
  • PRICE PER Sq Ft: 107.32
  • MAIN SO: AN3365

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Frontage Length: 80
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: None
  • Heating: Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Shopping, 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(Water,Other (See Remarks)), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1885

Lot Info

  • Parcel Number: 3977763
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15360
  • Lot Size Units: Acres
  • PAGE: 80
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4838
  • Tax Book Number: 60663
  • Tax Lot: 109
  • Tax Map Number: 34

Multi Family

  • Electric Expense: 168
  • Gross Income: 52200
  • Insurance Expense: 3819
  • Net Operating Income: 46328
  • Number Of Units Total: 4
  • Operating Expense: 5872
  • Total Actual Rent: 4350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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 Change Sq Ft Price
03/01/2024 03/01/24 Sold $500,000 +11.1% $107 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $449,900 +121.6% $97 / Sq Ft
07/03/2019 07/03/19 Sold $203,000 -11.7% $40 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $229,900 -- $46 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73188859

MLS Property Information Network (MLS PIN)