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121 Central St, Southbridge MA 01550

$389,900

Estimated $940/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $129,966.67

Total Rent: 46800/year

Estimated CAP Rate:

7 Bedrooms

Baths

3870

Total Parking: 3

6,597 (0.15)

This three family unit has had many updates some done by the previous owner.The windows were replaced as well as two of the furnaces in 2012 along with many electrical updates.the roof was replaced by the previous owners.These apartments are oversized plenty of living space and storage.There are amazing views of the river as you can feel the serenity as you watch and listen as it flows by.The first floor unit has three bedrooms and one bath.The property is partially fenced on 3 sides.The first floor entrance is # 121,The second and third floor share a staircase up to your apartment and the house number is 123.Plenty of storage area in the walk in basement.First floor is occupied with a long term tenant.All three units were recently updated and freshly painted.This is a great investor opportunity.Rental incomes are all potential for the location.

This home has been viewed 62 times

Last Checked: May 7th, 2024 at 4:41am (Source: MLS PIN #73082052)

Gross Income: $46,800

Gross Expenses: $3,692

Net Income Calc: $43,108

Water Views

Annual Expenses for 121 Central St, Southbridge MA 01550

Total Gross Expenses (Calculated)$3,692/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3692

Annual Income & Unit Breakdown for 121 Central St, Southbridge MA 01550

Total Gross Income (Calculated)$46,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 121 Central St, Southbridge MA 01550

Listing ID73082052

Property TypeMulti Family / 3 Family

Price389900 ($100.75/SqFt)

Style3 Family

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3870

Approximate Lot Size (Acres)0.15

Total Parking3

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 121 Central St, Southbridge MA 01550

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 121 Central St, Southbridge MA 01550

Real Estate Taxes3692

Tax Year2023

Assessed Value$233,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 121 Central St, Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 121 Central St, Southbridge MA 01550

Agent

Name: Robert Mellen

Office

Name: Custom Home Realty, Inc.

Phone: 508-473-4777

Payment Calculator

, Interest

Property Taxes 307.67

Principal & Interest 2402.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Custom Home Realty, Inc.

Robert Mellen

Agent Phone

Office Phone

(508) 473-4777

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Closed

121 Central St, Southbridge MA 01550

$389,900

Annual Expenses for 121 Central St, Southbridge MA 01550

Annual Income & Unit Breakdown for 121 Central St, Southbridge MA 01550

General Information for 121 Central St, Southbridge MA 01550

Disclosures for 121 Central St, Southbridge MA 01550

Financial Information for 121 Central St, Southbridge MA 01550

Location Information for 121 Central St, Southbridge MA 01550

Contact Information for 121 Central St, Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

Custom Home Realty, Inc.

Robert Mellen