MA
Worcester
Southbridge
01550
48-62 Central Street
48-62 Central Street, Southbridge, MA 01550
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Listing Type
Multi Family
Listing Status
Active
22
$1,100,000

Home Details for 48-62 Central Street

Price
$1,100,000
Type
Residential Income
Bedrooms
16
Total Bathrooms
8
Full Bathrooms
8
Square feet
11714
Year built
1938
Lot size acres
0.32
County
Worcester
Total rooms
32
Basement
Unfinished
MLS Listing#
73559742
Property Description

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.

Property Features
  • Heating Information
    • Natural Gas
    • Electric
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Horvath & Tremblay - 781-776-4000
Presented by: Ethan Lazar
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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