Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01550
- Levels: 6
- Parking
- Garage Capacity: 7
- Parking: Off Street
- Parking Spaces: 7
- Rooms and Dimensions
- Total Units: 8
- Total Floors: 6
- Total Rooms: 21
- Has Basement: Yes
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$1,320,000
- Status: New
- Listing ID: 73524298
- Bedrooms: 17
- Full Baths: 8
- Living Area: 5,224 sqft Convert
- Lot Size: 9,226 sqft Convert
- Acres: 0.21
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |