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For sale
  • $674,900

    128 & 128-1/2 Elm St, Southbridge, MA 01550

    11beds
    3,848sqft
    : 
    5-9 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    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!
    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

    We'll find a local expert to take you on a private tour of 128 & 128-1/2 Elm St.

    Next available tour time:Today at 11am

    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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