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.
Property Features
Parking
Paved
Off Street
Waterfront and Water Access
Stream
Water Features
Public
School Information
School Information for 320 Elm St, Southbridge, MA 01550
Elementary School
Eastford Road School
Middle School
Southbridge Middle
High School
Southbridge High
Listing Courtesy: Byrnes Real Estate Group LLC - 833-429-7637