320 Elm St, Southbridge MA 01550

Southbridge, MA 01550
$1,700,000
Est. $9,904/month
22
Beds
12
Baths
9,570
Sq Ft
$178
Price/Sq Ft
0.67
Acres
1960
Year Built
3
Days on Market
Pending Listed Oct 20, 2025 • MLS# 73445695 Copied!

About this home

This turnkey 12-unit multi-family property features eleven 2-bedroom/1-bathroom units and one studio, all with electric heat and gas hot water included in the rent. The building has been well cared for, with updates during current ownership including a paved driveway with 24 parking spaces, a new efficient gas hot water heater, and a roof replacement approximately 4 years ago. Additional income is generated from coin-operated laundry in the basement. The property is 100% occupied with consistent rental income, and all tenants are tenants at will, offering flexibility for future rent adjustments or redevelopment. This presents a great opportunity for investors seeking a stable asset with long-term potential. Conveniently located near the Connecticut border with quick access to Routes 90, 20, 84, and 395, making it attractive to commuters and tenants alike.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1960
Bedrooms
22
Full Bathrooms
12
Living Area
9,570 sq ft
Total Rooms
36
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1960
Living Area 9,570 sq ft
Lot Size 0.67 acres
Bedrooms 22
Full Baths 12
Total Rooms 36

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 24

Utilities

Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,292
Assessed Value $906,700

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1960
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 24
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

320 Elm St, Southbridge MA 01550

Southbridge, MA 01550

Walkability

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Schools

Elementary School
Eastford Road School
Rating information coming soon
Middle School
Southbridge Middle
Rating information coming soon
High School
Southbridge High
Rating information coming soon

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 $1,108
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

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Oct 20, 2025
$1,700,000
Original listing
Agent: Amber Foley Office: Byrnes Real Estate Group LLC

Price & Status History

Date Event Price Change
Oct 20, 2025 New Listing Added $1,700,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$178

Tax History

Year Taxes Assessment
2025 $13,292 $906,700

Financial Details

Annual Property Tax
$13,292
Tax Year 2025
Assessed Value
$906,700

Listing Information

Listing Agent Amber Foley
Listing Office Byrnes Real Estate Group LLC
Agent MLS ID CN243372
Office MLS ID AN7224
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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Market Analytics for Southbridge, MA

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