$650,000

House for sale Southbridge
Property photo number 1 of 13 Photos for Property. File  104921050_29_f98f0fa34f36865bd73f149662e43337.jpeg

Overview

SUMMARY: Discover an opportunity with this Southbridge house for sale and available for $650,000. This could be your next ideal home or a smart investment. More details await.
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!
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Details

  • Beds: 8
  • Baths: 4
  • Price: $650,000
  • Reference No.: 94735386
  • Area: 2,592 sqft

Location

Marketed by:

  • Jason Saphire
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