Overview Property Details Payment Calculator Walkability

Closed

78 Everett St, Southbridge MA 01550

$375,000

Estimated $1,007.56/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $75,000

Total Rent: 49800/year

Estimated CAP Rate: 8.50%

7 Bedrooms

5 Full Baths

4,396 SqFt

Total Parking: 3

14,375 SqFt

Turnkey investment opportunity not to be missed! Unique opportunity to own this remarkable investment property with excellent cash flow. Fully rented property with new coin operated washer dryer. Four of the five units renovated with paint and carpets four years ago. Two yea...

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 1:06am (Source: MLS PIN #73055606)

Gross Income: $49,800

Gross Expenses: $17,930

Net Income Calc: $31,870

CAP Rate: 8.50%

Annual Expenses for 78 Everett St, Southbridge MA 01550

Total Gross Expenses (Calculated)$17,930/year

APOD AvailableNo

Heating

Electricity$360

Water

Gas

Insurance$3,381

Sewer

Trash Removal

Repair & Maintenance$700

Management

Miscellaneous$100

Real Estate Tax$4,794

Annual Income & Unit Breakdown for 78 Everett St, Southbridge MA 01550

Total Gross Income (Calculated)$49,800

Unit 1

Rental Income$1,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$950

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 78 Everett St, Southbridge MA 01550

Listing ID73055606

Property TypeMulti Family / 5+ Family

Price$375,000 ($85.3/SqFt)

Style5-9 Family

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,396 SqFt

Approximate Lot Size (Acres)0.33 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesSloped

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 78 Everett St, Southbridge MA 01550

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$22,274

Total Gross Income By Broker$59,400

Total Net Income By Broker$37,126

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 78 Everett St, Southbridge MA 01550

Real Estate Taxes$4,794

Tax Year2022

Assessed Value$267,800

Financial Data Source

Total Gross Expenses By Broker$22,274

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$59,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$37,126

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.50%

Location Information for 78 Everett St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 78 Everett St, Southbridge MA 01550

Agent

Name: Benjamin Marinelli

MLS ID: CN226975

Office ID: AN9109

National Association ID: 453014063

Address: 15 Chaffee Road

City: Holland

State: MA

Zip: 01521

Office

Name: 1 Worcester Homes

MLS Office ID: AN3365

Phone: 508-459-1876

Payment Calculator

$2,710.13 per month

30 Years Fixed, 6.75% Interest

Property Taxes $399.50

Principal & Interest $2,310.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

1 Worcester Homes

Benjamin Marinelli

Agent Phone

Office Phone

(508) 459-1876

Text Agent Call Agent Call Office

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                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 01:06:10
                    [modified] => 2024-05-07 01:06:10
                )

)

)

EXIT

Closed

78 Everett St, Southbridge MA 01550

$375,000

Annual Expenses for 78 Everett St, Southbridge MA 01550

Annual Income & Unit Breakdown for 78 Everett St, Southbridge MA 01550

General Information for 78 Everett St, Southbridge MA 01550

Disclosures for 78 Everett St, Southbridge MA 01550

Financial Information for 78 Everett St, Southbridge MA 01550

Location Information for 78 Everett St, Southbridge MA 01550

Contact Information for 78 Everett St, Southbridge MA 01550

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Benjamin Marinelli