Sold

320 Elm St, Southbridge, MA 01550

Beds
22
Baths
12
Sqft
9,570

View property features, location on map, relevant school information and overview from seller's agent.

Listed byByrnes Real Estate Group LLC
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Overview

This turnkey 12-unit multi-family property features eleven 2-bedroom/1-bathroom units and one studio, all with electric heat and gas hot water included in the rent. The building has been well cared for, with updates during current ownership including a paved driveway with 24 parking spaces, a new efficient gas hot water heater, and a roof replacement approximately 4 years ago. Additional income is generated from coin-operated laundry in the basement. The property consists of 9 occupied units and 3 vacant units, providing existing rental income along with potential for future rent growth. Current tenants are tenants at will, allowing flexibility for rent adjustments or other long-term plans. This offering may appeal to investors seeking a stabilized asset with additional upside. The property is located near the Connecticut border with convenient access to Routes 90, 20, 84, and 395, supporting accessibility for tenants and commuters.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
5
Number of bedrooms
22
Number of bathrooms
12
Square feet
9,570
Lot size (acres)
0.67
Year built
1960

Exterior features

Area amenities
Golf Course

Utilities

Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$13,292

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73445695 Last checked:

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