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!
45 days
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354
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23
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Zillow last checked:
Listing updated:
Listed by:
Jason Saphire877-249-5478,
www.HomeZu.com877-249-5478
Source: MLS PIN,MLS#: 73523752
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Appliances
Laundry: Washer Hookup
Features
Flooring: Vinyl, Hardwood, Other
Basement: Dirt Floor,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,592
Total interior livable area: 2,592 sqft
Finished area above ground: 2,592
Property
Parking
Total spaces: 4
Parking features: Off Street
Uncovered spaces: 4
Features
Patio & porch: Porch
Lot
Size: 9,148 Square Feet
Features: Other
Details
Parcel number: 3977697
Zoning: R3
Construction
Type & style
Home type: MultiFamily
Property subtype: 4 Family
Materials
Frame, See Remarks
Foundation: Stone, Other
Roof: Shingle,Other
Condition
Year built: 1900
Utilities & green energy
Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Oven, Washer Hookup