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 consists of 9 occupied units and 3 vacant units, providing existing rental income along with potential for future rent growth. Current tenants are tenants at will, allowing flexibility for rent adjustments or other long-term plans. This offering may appeal to investors seeking a stabilized asset with additional upside. The property is located near the Connecticut border with convenient access to Routes 90, 20, 84, and 395, supporting accessibility for tenants and commuters.
320 Elm St, Southbridge MA 01550
Southbridge, MA 01550
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/20/2025 | 🏠 Listed for Sale | $1,700,000 | - | - | Original listing |
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