INVESTORS TAKE A LOOK AT THIS 5 UNIT APARTMENT BUILDING!! Exterior is vinyl sided, has replacement windows in the units, off street parking for 6 to 7 vehicles & exterior porches for 4 of the units! There is one 1 bedroom & two 2 bedroom units on the first floor. The 2nd floor has 2 huge 2/3 bedroom units! Each unit is unique. There are some original cabinets, molding, & hardwood floors in the units. Each unit has refrigerator, range, & washer/dryer hook-ups. All tenants are TAW except for one Section 8 tenant. They are all long term and paying below market rents. Great potential for positive cash flow!! Tenants pay their own heat (gas), hot water, & electricity (100 amp). There is a landlord meter, as well. Please see attachments.
“Income producing two family home. This well maintained property features updated kitchens with modern cabinetry and countertops, bright sun filled living spaces, separate utilities, and a newer hot water tank. Enjoy the charm of covered front porches, a private backyard with wooded views, and additional outdoor space perfect for relaxing or entertaining.The property also offers a detached two car garage, ample off street parking, storage shed, and an additional parcel of land providing future potential. Conveniently located near Route 20, the Mass Pike, shopping, restaurants, and local amenities. A fantastic opportunity for investors or owner occupants seeking income, value add potential, and long term upside in the growing Southbridge market.”
This massive 14,500 SQFT mixed-use income generator! Offering unmatched flexibility and incredible cash-flow potential, this powerhouse property features 4 fully updated residential units, a prime fully updated commercial storefront, and a massive warehouse/workshop component. A true standout asset is the huge, paved parking lot roughly the size of a half football field perfect for commercial vehicles or tenant parking. As an added bonus, a section of the warehouse has been transformed into a climate-controlled, fully finished 2-bedroom suite complete with a full kitchen, full bath, and its own mini-split system. Perfect for an owner-occupant or a luxury manager's office. The upper floors hold four highly rentable 2-bedroom apartments, plus a full top floor for extra storage rooms. Unbeatable location close to Rt 20, 169, and the Mass Pike!
Exceptional investment opportunity in Southbridge! This extensively renovated three-family property has undergone significant upgrades throughout, offering peace of mind for both investors and owner-occupants alike. Major improvements include a new roof, new windows, upgraded electrical service with new panels and meters, complete removal of cast-iron plumbing, and separation of gas and water services for each unit. Each apartment has been thoughtfully updated with new flooring, fresh paint, modern lighting, all-new kitchen plumbing, and completely updated bathroom plumbing. Additional improvements include new water lines, separate utility services, and all new hot water heaters.Safety and functionality have also been enhanced with the addition of exterior egress for the third-floor unit. With major mechanical, plumbing, electrical, and cosmetic updates completed, this property presents a rare opportunity to acquire a low-maintenance multifamily asset with strong rental potential.
MIXED-USE OPPORTUNITY! This unique property features a two-family home offering 3,512 sq. ft. of living space, with Unit 1 consisting of 5 rooms and 2 bedrooms, and Unit 2 offering 4 rooms and 2 bedrooms. Also included is a fully equipped SERVICE GARAGE (MLS #73526810) situated on nearly 1 acre in a convenient Southbridge location near the Sturbridge line. Ideal for investors, owner-occupants, contractors, or business owners seeking residential income and commercial workspace in one property. The sale includes extensive business equipment and personal property, including frame machines, welder, paint booth mixing system with computer, air compressor, assorted air tools, office furniture, storage units, motion detector cameras, and additional shop equipment. Ample parking and flexible commercial/residential use potential. Convenient access to major routes, shopping, restaurants, and local amenities. Don't miss this rare opportunity! OPEN HOUSE SUNDAY 2:00 PM – 3:30 PM.
Massive 3-unit property previously utilized as a single-family home offering exceptional flexibility for owner-occupants, investors, or multi-generational living! This character-filled property features gorgeous hardwood floors, high ceilings, oversized rooms, beautiful French doors, and formal living and dining areas throughout. Partially finished 3rd floor offers additional expansion potential for living space, home office, playroom, or storage. Town water and sewer. Detached 1-car garage, off-street parking, and situated on a quiet dead-end street in a convenient commuter location close to area hospitals, shopping, restaurants, and major routes. Endless possibilities in this spacious and unique property! Close to the senior center and Morris State Park.
Well-maintained 8-unit multifamily property in Southbridge offering immediate cash flow and strong rental history. The building consists of a mix of 1, 2, and 3-bedroom units — Basement (2BR), 1L (2BR), 1R (3BR), 1Rear (2BR), 2L (2BR), 2R (2BR), 3L (3BR), and 3R (1BR) — with current gross monthly rent of $9,242 and an average of $1,540/unit. Offered at $1,320,000. Annual expenses include property taxes, disposal & waste fees, electricity, and water & sewer. Several units currently show below-market rents, presenting upside potential for an experienced investor. Ideal for a 1031 exchange or portfolio addition. Easy highway access and proximity to local amenities make this a sought-after location for long-term tenants.
Excellent investment opportunity in a highly convenient location, just minutes from downtown and approximately 2 minutes to Harrington Hospital. This well-maintained multifamily property features three generously sized units, each offering 2 bedrooms and the convenience of in-unit laundry.The second unit has been freshly painted and features brand-new flooring, making it move-in ready and an ideal option for owner-occupants seeking to offset their mortgage with rental income. The remaining units are occupied by long-term tenants, providing consistent cash flow.Designed for ease of ownership, each unit is separately metered for water, sewer, heat, and electricity, ensuring efficient and straightforward utility management. Additional highlights include a fenced-in yard, large garage, extra storage, new roof, 2nd floor new heating system and ample off-street parking, enhancing both tenant appeal and overall property value.
Excellent investment opportunity! Solid 2-unit multifamily in Southbridge offering immediate cash flow. Both units are currently occupied 2BR/1BA generating strong rental income, with one unit becoming vacant after June 1st - ideal for an owner-occupant looking to live in one unit while collecting rent on the other, or an investor ready to set market rent at $1,850/month. Recent capital improvements include a new electric stove (March 2025) and water heater replacement (February 2026). Exterior porches freshly painted within the last two years. Low operating expenses with 2025 costs including taxes of $3,200, trash at $1,060, and water/sewer at $2,707. Strong proforma gross rent of $3,700/month. A turnkey opportunity — don't miss it! All information deemed reliable but not guaranteed. Buyer to perform their own due diligence.
Exceptional 7 unit multifamily investment opportunity featuring a balanced mix of 2 bedroom and 1 bedroom units. Strong monthly rental income of $11,320 per month. This property has gone through strategic renovations for ease of management and unit turnover. Several residential units have been recently updated, enhancing tenant appeal while leaving room for value-add improvements. At purchase cap rate is around 8.5%. Reach out for group showing accommodations and further financial info.
TWO BUILDINGS on one lot!! Ideal for owner occupied buyers or investors. One building has 3 units, all with separate heat and hot water. All tenants are tenants at will. The second building is a nicely renovated single family home featuring a cabinet packed kitchen, living room, dining room, bedroom and full bath on the first floor. The second floor has an additional 4 rooms and a bathroom and is currently set up as an accessory dwelling unit with a rent of $800/mo. This floor was previously part of the larger single family home and for an owner occupied buyer looking for more space, it can provide the extra bedrooms and a second full bath. Good size yard. The paved driveway provides ample off street parking for everyone and is accessed from the Elm St. side of the lot.
Downtown redevelopment opportunity with significant multifamily conversion potential at 473 Main Street in Southbridge. This former church offers approximately 8,476 square feet ideally suited for residential or mixed-use adaptive reuse (subject to approvals). The expansive interior, substantial footprint, and prominent Main Street frontage support potential apartments, condominiums, workforce housing, live-work units, or community-oriented uses. Located in the heart of the downtown commercial district, the property is within walking distance to shops, restaurants, municipal offices, and public amenities, with convenient access to major routes throughout Worcester County. Southbridge serves as a regional hub to Worcester County and the greater Boston area which continues to see investment in housing and revitalization, making this an exceptional opportunity for developers, investors, or organizations seeking a well-located value-add project.
Outstanding mixed use building on main St. in Southbridge. Investment opportunity for both, owner occupants or investors. Street level commercial space with 3 residential units above. The building has been recently updated - new siding and new roof - still room for some value added improvements to enhance tenant appeal. The commercial space needs full renovation - depending on new owner needs - might be converted to 4th residential unit; Currently one residential unit is occupied - two units are vacant and in the process of being upgraded by the seller. Start building your portfolio with this fab multifamily or add it to your existing portfolio;
Unique Opportunity! This beautifully renovated 2-family home nestled on a peaceful dead-end street. Set on a spacious corner lot with a stunning river running along the property, this home offers the perfect blend of modern updates and serene natural surroundings. Plenty of growth potential with this property as well. This home sits on a lot that was previously subdivided, with the second structure removed. The lot remains buildable, offering excellent potential for new construction, expansion, or investment. Buyers should verify zoning and permitting with the town. Whether you’re an investor seeking a turnkey rental property or a homeowner looking for additional space, this home has it all. Note: Neighborhood is in a Flood Zone- flood insurance may be required.
Southbridge is located in Massachusetts.
