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Quinsigamond Realty
320 Elm St, Southbridge, MA 01550
- $1,520,000
- 22
- BD
- 12
- BA
- 9,570
- SqFt
- Sold Price
- $1,520,000
- List Price
- $1,700,000
- Status
- SOLD
- MLS#
- 73445695
- Closing Date
- Jan 12, 2026
- Year Built
- 1960
- Levels
- 5
- Bedrooms
- 22
- Bathrooms
- 12
- Acres
- 0.67
- Living Area
- 9,570
Property Description
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.
Additional Information
- Taxes
- $13,292
- Lot Desc
- Level
- Lot Size
- 29,185
- Interior Features
- Living Room, Kitchen
- Sewer
- Public Sewer
- Water Source
- Public
- Exterior
- Frame
- Parking Spaces
- 24
- Elementary School
- Eastford Road School
- Middle School
- Southbridge Middle
- High School
- Southbridge High
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Listing courtesy of Listing Agent: Amber Foley from Listing Office: Byrnes Real Estate Group LLC.
Selling Office: .The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.