MA
Worcester
Southbridge
01550
13 Coombs Street
13 Coombs Street, Southbridge, MA 01550
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Listing Type
Multi Family
Listing Status
Active
42
$1,050,000

Home Details for 13 Coombs Street

Price
$1,050,000
Type
Residential Income
Bedrooms
10
Bathrooms
7.0
Square feet
6950
Year built
2013
County
Worcester
Total rooms
24
Garage
4
Basement
Full
Days on site
23
MLS Listing#
73433776
Property Description

Nearly 7,000 sq. ft. of living space across two buildings, offering an exceptional investment or owner-occupant opportunity.The front building is a well-maintained 3-unit multifamily currently generating $6,250 per month. Behind it, a spacious single-family home with four attached garages spans more than 4,000 sq. ft built in 2013. Both structures are in excellent condition and connected to town water and sewer.Market rent for the single-family is estimated at $4,000+, and with a conservative 5% increase on existing multifamily rents, the gross rental pro forma exceeds $10,500 per month. This supports a projected cap rate of 9.7%.Zoned CC (Business District), the property also allows a wide range of by-right uses—including farmstand, wildlife preserve, group home, childcare/school, religious center, municipal use, retail store, restaurant/food service, professional offices, bank, barber, and appliance store—with additional options by special permit.

Property Features
  • Water Features
    • Public
  • Parking
    • Paved
  • Basement
    • Full
Listing Courtesy: Smith and Oak Real Estate Co. - 401-400-4114
Presented by: The WP Group
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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