165 Pleasant St., Southbridge MA 01604
Southbridge, MA 01604
$535,000
Est. $3,148/month
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About this home
Turnkey 3-unit investment opportunity in Southbridge! This well-maintained multifamily offers a mix of unit sizes: a 2-bed/1-bath basement unit (current tenant, lease through 11/30/2026, $1,499/mo), a vacant 1-bed/1-bath unit ready for immediate occupancy or owner-use ($1,600/mo market rent), and a 2-bed/1-bath unit (current tenant, lease through 5/31/2027, $1,550/mo). Total gross rent potential of approximately $4,649/month. Low operating expenses with 2025 actuals including taxes ($2,915), R&M ($665), and utilities. Ideal for an investor seeking immediate cash flow with upside from the vacant unit. Don't miss this opportunity to add a solid asset to your portfolio! Buyer to do due diligence.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 13, 2026
$535,000
Original listing
Agent: Jason Saphire
Office: www.HomeZu.com
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/13/2026 | 🏠 Listed for Sale | $535,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,915 | $225,800 |
Financial Details
Annual Property Tax
$2,915
Tax Year 2025
Assessed Value
$225,800
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1860
Living Area
1,240 sq ft
Lot Size
0.14 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
9
Investment Metrics
Units
3
Unit 1 Rent
$4,649/mo · N
Unit 2 Rent
$1,550/mo · Y
Unit 3 Rent
$1,499/mo · Y
Total Monthly Rent
$7,698/mo
Gross Income
$92,376
Net Operating Income
$87,512
Operating Expenses
$4,864
Water/Sewer Expense
$873
Electric Expense
$686
Cap Rate
16.36%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Crawl Space
Laundry
None
Features
None
Exterior
Construction
Frame, See Remarks
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Unpaved
Total Spaces
3
Utilities
Electric
Circuit Breakers, 100 Amp Service, Other (see Remarks)
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Oven, For Electric Oven
Financial
Annual Tax
$2,915
Assessed Value
$225,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Sold As-is. Buyer/buyers Agent To Conduct Independent Due Diligence On All Property Conditions, Systems, Square Footage, Lead Paint Status, And Permit Compliance.
Exclusions
All Tenants Personal Property
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Worcester
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1860
Bedrooms
6
Full Bathrooms
3
Living Area
1,240 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
620 sq ft above grade
620 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Crawl Space
Laundry:
Security:
Construction & Materials
Year Built:
1860
Structure Type:
Exterior Materials:
Frame, See Remarks
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Other (See Remarks)
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Other (See Remarks)
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Off Street, Unpaved
Nearby Schools
School District
Southbridge School District local
F
School Safety
2024-25
6.0%
Above Average
6.0%
Suspensions
6.0%
In-School
0.5% above state avg
Elementary Schools
5 schools
Trinity Catholic Academy
0.5 mi
Grades PK-08
Viewpoint Christian Academy
2.3 mi
Grades K-12
C-
West Street School
0.5 mi
|
#724 of 824
|
Score: 34.0
Improved 18 spots from last year
-24.2 below state avg
323 students
Moderate
Grades 01-05
D
Charlton Street School
1.1 mi
|
#782 of 824
|
Score: 30.2
Improved 50 spots from last year
-28 below state avg
288 students
Diverse
Rising School
Grades PK-05
Eastford Road School
1.2 mi
397 students
Moderate
Grades PK-01
Middle Schools
1 school
C
Southbridge Middle School
2.0 mi
|
#282 of 352
|
Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students
Diverse
Grades 06-08
High Schools
2 schools
Southbridge Academy
0.8 mi
21 students
Diverse
Grades 06-12
C-
Southbridge High School
2.0 mi
|
#310 of 346
|
Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students
Moderate
12 sports
• 498 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$243
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
165 Pleasant St., Southbridge MA 01604
Southbridge, MA 01604
Listing Information
Listing Agent
Jason Saphire
Listing Office
www.HomeZu.com
Office Phone
877-249-5478
Agent MLS ID
CN236778
Office MLS ID
AN7148
Listing Data Updated
Aug 13, 2026 3:41 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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