Well-maintained 8-unit multifamily property in Southbridge offering immediate cash flow and strong rental history. The building consists of a mix of 1, 2, and 3-bedroom units — Basement (2BR), 1L (2BR), 1R (3BR), 1Rear (2BR), 2L (2BR), 2R (2BR), 3L (3BR), and 3R (1BR) — with current gross monthly rent of $9,242 and an average of $1,540/unit. Offered at $1,320,000. Annual expenses include property taxes, disposal & waste fees, electricity, and water & sewer. Several units currently show below-market rents, presenting upside potential for an experienced investor. Ideal for a 1031 exchange or portfolio addition. Easy highway access and proximity to local amenities make this a sought-after location for long-term tenants.
83 days
|
83
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Jason Saphire877-249-5478,
www.HomeZu.com877-249-5478
Source: MLS PIN,MLS#: 73524298
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 8
Full bathrooms: 8
Appliances
Laundry: Washer Hookup
Features
Flooring: Vinyl, Carpet, Hardwood
Basement: Partial,Unfinished
Has fireplace: No
Interior area
Total structure area: 5,224
Total interior livable area: 5,224 sqft
Finished area above ground: 5,224
Property
Parking
Total spaces: 7
Parking features: Off Street
Uncovered spaces: 7
Features
Patio & porch: Porch
Lot
Size: 9,226 Square Feet
Features: Other
Details
Parcel number: 3977692
Zoning: R3
Construction
Type & style
Home type: MultiFamily
Property subtype: 5-9 Family
Materials
Frame, See Remarks
Foundation: Stone
Roof: Shingle,Rubber,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, for Electric Oven, Washer Hookup