Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01550
- Levels: 5
- Parking
- Garage Capacity: 12
- Parking: Paved,Off Street
- Parking Spaces: 12
- Rooms and Dimensions
- Total Units: 10
- Total Floors: 5
- Total Rooms: 32
- Has Basement: Yes
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$1,100,000
- Status: New
- Listing ID: 73559742
- Bedrooms: 16
- Full Baths: 8
- Living Area: 11,714 sqft Convert
- Lot Size: 13,939 sqft Convert
- Acres: 0.32
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |