$1,275,000

House for sale Southbridge
Property photo number 1 of 6 Photos for Property. File  105117274_29_84a4d6a92067ae621cfa7c74c179c2a9.jpeg

Overview

SUMMARY: Discover an opportunity with this Southbridge house for sale and available for $1,275,000. This could be your next ideal home or a smart investment. More details await.
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 and waste fees, electricity, and water and 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.

Details

  • Beds: 17
  • Baths: 8
  • Price: $1,275,000
  • Area: 5,224 sqft

Location

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