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

Southbridge, MA 01550
$674,900
Est. $3,592/month
11
Beds
5
Baths
3,848
Sq Ft
$175
Price/Sq Ft
0.12
Acres
1900
Year Built
5-9 Family
Type
92
Days on Market
Active Listed Sep 26, 2025 • MLS# 73396897

About this home

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! **Do not walk on property without scheduled appointment**

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
11
Full Bathrooms
5
Living Area
3,848 sq ft
Total Rooms
21
Stories
6
Levels
6

Interior Features

Flooring
Varies
Heating
Electric, Hot Water, Natural Gas, Baseboard
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Pantry, Living Room, Kitchen
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Slate
Foundation
Stone, Granite
Exterior Features
Balcony/Deck, Rain Gutters, Garden
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,227 sq ft
Lot Size Area
0.1200
Lot Features
Cleared, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
7
Parking Features
Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public, Individual Meter
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,246
Tax Year
2025
Tax Assessed Value
$494,300
Parcel Number
M:0047 B:0099 L:00001
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Sewer expense is combination of water & sewer. Unit 1 lease ends 6/30/25; rented with Section 8. Unit 2 lease ends 9/30/25.
Exclusions
Washers & Dryers On Site Are Tenant Owned.

Location

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Neighborhood

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

Southbridge, MA 01550

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $604
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jun 26, 2025
$674,900
Original listing
Agent: Jim Black Group Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Jun 26, 2025 New Listing Added $674,900

Market Statistics

Days on Market
92 days
Price per Sq Ft
$175

Tax History

Year Taxes Assessment
2025 $7,246 $494,300

Financial Details

Annual Property Tax
$7,246
Tax Year 2025
Assessed Value
$494,300

Listing Information

Listing Agent Jim Black Group
Listing Office Real Broker MA, LLC
Agent MLS ID TM305063
Office MLS ID AN8443

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