51 Green Ave Southbridge, MA 01550
Estimated payment $3,002/month
Highlights
- Medical Services
- Living Room
- Dining Room
- Property is near public transit
- Shops
- Heating System Uses Natural Gas
About This Home
Attention investors looking for good returns! Here is your opportunity to purchase an excellent income producing 3 family home in Southbridge. All units are leased to well paying tenants. Tenants pay all their own utilities except for trash & water / sewer which is paid by the landlord. Separate gas heat on all floors. Half of the rubber roof was just replaced in the last month. Spacious front porches. There is an owner's meter for the common area electricity. All units are spacious and feature 3 bedrooms. Conveniently located close to downtown Southbridge & many local businesses. The numbers work very well on this one. Shown via confirmed appointment during specific times to minimize disruptions to tenants. Don't let this one pass you by!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,185
Year Built
- Built in 1920
Interior Spaces
- 3,453 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- 4,792 Sq Ft Lot
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0030 B:0110 L:00001,3977222
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
Building Details
- Operating Expense $600
- Net Operating Income $61,800
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 | $5,185 | $353,700 | $27,000 | $326,700 |
| 2024 | $4,128 | $270,500 | $13,500 | $257,000 |
| 2023 | $3,833 | $242,000 | $13,500 | $228,500 |
| 2022 | $3,616 | $202,000 | $11,500 | $190,500 |
| 2021 | $3,604 | $185,400 | $11,500 | $173,900 |
| 2020 | $3,380 | $173,500 | $11,500 | $162,000 |
| 2018 | $2,675 | $128,900 | $16,700 | $112,200 |
| 2017 | $2,651 | $128,900 | $16,700 | $112,200 |
| 2016 | $2,413 | $119,400 | $16,700 | $102,700 |
| 2015 | $2,384 | $117,100 | $18,000 | $99,100 |
| 2014 | $2,300 | $117,100 | $18,000 | $99,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Pending | -- | -- | -- |
| 10/23/2025 10/23/25 | For Sale | $490,000 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $195,000 | None Available | |
| Deed | $65,000 | -- | |
| Deed | $65,000 | -- | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- | |
| Foreclosure Deed | $75,000 | -- | |
| Foreclosure Deed | $75,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,000 | New Conventional | |
| Previous Owner | $58,500 | Purchase Money Mortgage | |
| Previous Owner | $41,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73447381
APN: SBRI-000030-000110-000001
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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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