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30 North St, Southbridge MA 01550

$450,000

Estimated $1,118.17/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 51000/year

Estimated CAP Rate: 10.30%

12 Bedrooms

3 Full Baths

3,768 SqFt

Total Parking: 4

5,400 SqFt

Don't miss out on this great investment opportunity. Spacious building with four bedrooms in each! Conveniently located near shopping, restaurants and a plethora of amenities. Units all have front and back porches perfect for relaxing or can be utilized for additional storage. 1st floor unit offers an eat in kitchen, living area, 4 generous size bedrooms, laundry hook ups and a full sized bathroom. 2nd and 3rd floor boast newer eat in kitchens, 4 bedrooms in each, full bath and in unit laundry hook ups. Tenants pay own electric and gas heat which are separately metered. Hot water heater for 1st floor installed in 2020, 2nd floor 2019 and 3rd floor 2016. New furnace and ductwork on 1st floor.Group showings on me.

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 4:31am (Source: MLS PIN #73091054)

Gross Income: $51,000

Gross Expenses: $4,662

Net Income Calc: $46,338

CAP Rate: 10.30%

Annual Expenses for 30 North St, Southbridge MA 01550

Total Gross Expenses (Calculated)$4,662/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,662

Annual Income & Unit Breakdown for 30 North St, Southbridge MA 01550

Total Gross Income (Calculated)$51,000

Unit 1

Rental Income$1,750

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,100

Lease

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 30 North St, Southbridge MA 01550

Listing ID73091054

Property TypeMulti Family / 3 Family

Price$450,000 ($119.43/SqFt)

Style3 Family - 3 Units Up/down

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,768 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking4

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area0

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningCC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 30 North 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$0

Total Gross Income By Broker$51,000

Total Net Income By Broker$51,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 30 North St, Southbridge MA 01550

Real Estate Taxes$4,662

Tax Year2023

Assessed Value$294,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.30%

Location Information for 30 North St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 30 North St, Southbridge MA 01550

Agent

Name: Brandon Oberdorfer

Office

Name: 1 Worcester Homes

Phone: 508-459-1876

Payment Calculator

, Interest

Property Taxes 388.5

Principal & Interest 2772.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

1 Worcester Homes

Brandon Oberdorfer

Agent Phone

Office Phone

(508) 459-1876

Text Agent Call Agent Call Office

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    [description] => Don't miss out on this great investment opportunity. Spacious building with four bedrooms in each! Conveniently located near shopping, restaurants and a plethora of amenities. Units all have front and back porches perfect for relaxing or can be utilized for additional storage. 1st floor unit offers an eat in kitchen, living area, 4 generous size bedrooms, laundry hook ups and a full sized bathroom. 2nd and 3rd floor boast newer eat in kitchens, 4 bedrooms in each,  full bath and in unit laundry hook ups. Tenants pay own electric and gas heat which are separately metered. Hot water heater for 1st floor installed in 2020, 2nd floor 2019 and 3rd floor 2016. New furnace and ductwork on 1st floor.Group showings on me.
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[high_school] => 
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[horse_permitted] => No
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[perc_test] => Array
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 406-250-7620
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[road_frontage_type] => Array
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[sewer_expense] => Array
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[water_views_features] => Array
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EXIT

Closed

30 North St, Southbridge MA 01550

$450,000

Annual Expenses for 30 North St, Southbridge MA 01550

Annual Income & Unit Breakdown for 30 North St, Southbridge MA 01550

General Information for 30 North St, Southbridge MA 01550

Disclosures for 30 North St, Southbridge MA 01550

Financial Information for 30 North St, Southbridge MA 01550

Location Information for 30 North St, Southbridge MA 01550

Contact Information for 30 North St, Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

1 Worcester Homes

Brandon Oberdorfer