Unit Information
Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses - taxes, trash, water/sewer, and common electric total under $12K annually - support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!
- Additional Details
- Status: NEW
- Type: Multi-Family, Quadruplex
- Zip Code: 01550
- Levels: 6
- Parking
- Garage Capacity: 4
- Parking: Off Street
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 6
- Total Rooms: 12
- Has Basement: Yes
Loading...
$650,000
- Status: New
- Listing ID: 73523752
- Bedrooms: 8
- Full Baths: 4
- Living Area: 2,592 sqft Convert
- Lot Size: 9,148 sqft Convert
- Acres: 0.21
View description
Luxury Residential Group
(617) 233-5800
Receive more info or arrange a tour
When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.
LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |