$1,100,000

House for sale Southbridge
Property photo number 1 of 16 Photos for Property. File  104908748_29_b1bad894c1201e56fb20be073aed486e.jpeg

Overview

SUMMARY: Discover an opportunity with this Southbridge house for sale and available for $1,100,000. This could be your next ideal home or a smart investment. More details await.
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 and 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.
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Details

  • Beds: 16
  • Baths: 8
  • Price: $1,100,000
  • Area: 11,714 sqft

Location

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  • Listing Manager
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