Southbridge, MA 01550,320 Elm St
Southbridge, MA 01550,320 Elm St
Southbridge, MA 01550,320 Elm St
35
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$1,700,000
Est. payment /mo
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22 Beds
12 Baths
9,570 SqFt
New

320 Elm St Southbridge, MA 01550

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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 9,570 sqft

Price per Sqft $177

MLS Listing ID 73445695

Bedrooms 22

Full Baths 12

Year Built 1960

Annual Tax Amount $13,292

Tax Year 2025

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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 is 100% occupied with consistent rental income, and all tenants are tenants at will, offering flexibility for future rent adjustments or redevelopment. This presents a great opportunity for investors seeking a stable asset with long-term potential. Conveniently located near the Connecticut border with quick access to Routes 90, 20, 84, and 395, making it attractive to commuters and tenants alike.

Location

State MA

County Worcester

Zoning OR

Direction Use GPS

Interior

Interior Features Living Room, Kitchen

Exterior

Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Private School, Public School

Waterfront Description Stream

Roof Type Shingle,Rubber

Total Parking Spaces 24

Garage No

Building

Lot Description Level

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Eastford Road School

Middle Schools Southbridge Middle

High Schools Southbridge High

Others

Senior Community false


Listed by Byrnes Real Estate Group LLC
Stewart Woodward
Stewart Woodward

Broker | AN 9553048

+1(781) 647-1552 | [email protected]

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