Under Agreement
48-62 Central St, Southbridge, MA
Southbridge · MA 01550
- $1,100,000
- Price
- 16
- Beds
- 8
- Baths
- 11714
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1938
Units:
10 Units
Lot size:
0.32 Acre Lot
Price per square foot:
$94 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
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 & 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.
Neighborhood & Transit
48-62 Central 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:
- 91 days
- Listing Price:
- $1,100,000
- Price per Sq.Ft:
- $94
- Tax Assessment:
- $1,097,000 in 2026
- Taxes:
- $1,340 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 11,714 Sq.Ft
- Broker Disclosure about Living Area
- The Property has 8 Residential units and 2 Commercial units.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 11714
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 13,939 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl, 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
- Ethan Lazar
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73559742
- Disclosure
- The Property has 8 Residential units and 2 Commercial units.