Pending

$1,100,000

48-62 Central St, Southbridge, MA 01550

16beds

11,714sqft

$7,419/mo

Get pre-qualified

5+ Family - 5+ Units Side by Side

Built in 1938

-- sqft lot

$-- Zestimate^®

$94/sqft

$-- HOA

What's special

Four well-maintained adjacent buildings

This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

18 days
13
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8
Full bathrooms: 8

Heating

Natural Gas, Electric

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 11,714
Total interior livable area: 11,714 sqft
Finished area above ground: 11,714

Property

Parking

Total spaces: 12
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 12

Lot

Size: 0.32 Acres
Features: Level, Other

Details

Zoning: CC

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Side by Side

Materials

See Remarks
Foundation: Other
Roof: Shingle,Rubber

Condition

Year built: 1938

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other

Location

Region: Southbridge

Financial & listing details

Price per square foot: $94/sqft
Tax assessed value: $1,097,000
Annual tax amount: $16,082
Date on market: 9/8/2026
Total actual rent: 13860
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/20/2026	Pending sale	$1,100,000$94/sqft
Source: MLS PIN #73559742 Report a problem
8/5/2026	Listed for sale	$1,100,000$94/sqft
Source: MLS PIN #73559742 Report a problem