Wonderful investment opportunity! 2-Family (duplex + in-law apartment) generating a high monthly rental income w/ tenants currently in place. Kitchens and bathrooms and flooring all updated recently. Newer furnace. Two off-street parking spots, and great location near the river. Come explore this opportunity to own income generating investment property!
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73115747)
Gross Income: $33,600
Gross Expenses: $15,150
Net Income Calc: $18,450
Water Views
Annual Expenses for 142 River St, Southbridge MA 01550
Total Gross Expenses (Calculated)$15,150/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3740
Annual Income & Unit Breakdown for 142 River St, Southbridge MA 01550
Total Gross Income (Calculated)$33,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit3
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 142 River St, Southbridge MA 01550
Listing ID73115747
Property TypeMulti Family
Price299000 ($113/SqFt)
StyleMulti Family
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2646
Approximate Lot Size (Acres)0.13
Total Parking2
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 142 River St, Southbridge MA 01550
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWine Refrigerator In Basement
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 142 River St, Southbridge MA 01550
Real Estate Taxes3740
Tax Year2023
Assessed Value$236,100
Financial Data SourceEstimated
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 142 River St, Southbridge MA 01550
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 142 River St, Southbridge MA 01550