Sold
320 Elm St, Southbridge, MA
Southbridge · MA 01550
- $1,520,000
- Price
- 22
- Beds
- 12
- Baths
- 9570
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1960
Units:
12 Units
Lot size:
0.67 Acre Lot
Price per square foot:
$178 / Sq.Ft
Parking:
24 Off Street Spaces
About this home
This turnkey 12-unit multi-family property features eleven 2-bedroom/1-bathroom units and one studio, all with electric heat and gas hot water included in the rent. The building has been well cared for, with updates during current ownership including a paved driveway with 24 parking spaces, a new efficient gas hot water heater, and a roof replacement approximately 4 years ago. Additional income is generated from coin-operated laundry in the basement. The property consists of 9 occupied units and 3 vacant units, providing existing rental income along with potential for future rent growth. Current tenants are tenants at will, allowing flexibility for rent adjustments or other long-term plans. This offering may appeal to investors seeking a stabilized asset with additional upside. The property is located near the Connecticut border with convenient access to Routes 90, 20, 84, and 395, supporting accessibility for tenants and commuters.
Neighborhood & Transit
320 Elm St, Southbridge · MA 01550
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 292 days
- Listing Price:
- $1,700,000
- Price per Sq.Ft:
- $178
- Tax Assessment:
- $906,700 in 2025
- Taxes:
- $1,108 / Monthly
Home Facts
Interior Features
- Bedrooms
- 22
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 9,570 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 9570
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Other (See Remarks)
Exterior Features
- Lot Size
- 29,185 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 24 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Amber Foley
- Listing office
- Byrnes Real Estate Group LLC
- MLS PIN #
- 73445695
- Disclosure
- Unit 2 is the studio apartment.