Unique Multi-Family Investment Opportunity! This rare offering features two separate buildings on one lot, combining for a total of five units. The front building offers 3 units, while the rear building contains 2 additional units, providing flexible rental configurations with a mix of 1 to 3-bedroom layouts to attract a wide tenant base. Investors, you will appreciate the strong income generation currently & potential to increase cash flow, with one unit currently vacant and ready for new occupancy or owner-use. Vacant townhouse style apartment is ready for update & rent. Recent updates include water submetering, replacement windows and new sewer lines installed in 2021, offering peace of mind and reduced maintenance costs. Whether you're looking to expand your portfolio or enter the rental market with a high-demand property, this is an opportunity you don’t want to miss!
For sale
$674,900
128 & 128-1/2 Elm St, Southbridge, MA 01550
11beds
3,848sqft
Est.:
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
- 32 days
- on Zillow |
- 367 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 10:32am
Listed by:
Jim Black Group,
Real Broker MA, LLC,
Kimberly Frasier
Source: MLS PIN,MLS#: 73396897
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric, Hot Water, Natural Gas, Baseboard
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Pantry, Living Room, Kitchen
- Flooring: Varies
- Basement: Full,Concrete,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 3,848
- Total interior livable area: 3,848 sqft
- Finished area above ground: 3,848
Property
Parking
- Total spaces: 7
- Parking features: Off Street, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck, Rain Gutters, Garden
Lot
- Size: 5,227 Square Feet
- Features: Cleared, Level
Details
- Parcel number: M:0047 B:0099 L:00001
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone, Granite
- Roof: Shingle,Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public, Individual Meter
- Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Southbridge
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $494,300
- Annual tax amount: $7,246
- Date on market: 6/26/2025
- Exclusions: Washers & Dryers On Site Are Tenant Owned.
- Total actual rent: 6300
- Road surface type: Paved
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