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Closed

48-52 Pine St, Southbridge MA 01550

$519,900

Estimated $1,256.94/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $103,980

Total Rent: 39900/year

Estimated CAP Rate: 6.72%

11 Bedrooms

5 Full Baths

3,175 SqFt

Total Parking: 5

13,500 SqFt

Golden investment oppurtunity! Turn key 3 family and 2 family on the same lot! FULL LEAD CERTIFICATE in hand! 3 family building includes 2 units with 2 bedrooms and 1 unit with 3 bedrooms. 2 family building includes 2 2 bedroom units. 2 units have been newly updated, 3rd unit has new bathroom. Each unit is occupied with tenants at will. Rents are under market value due to long term tenants, lots of potential to add additional income. Units have low occupancy count. Off street parking with newly paved driveway. Spacious yard. 2 family home has new roof. Additional exterior and Interior pictures to come soon!

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73115008)

Gross Income: $39,900

Gross Expenses: $4,967

Net Income Calc: $34,933

CAP Rate: 6.72%

Annual Expenses for 48-52 Pine St, Southbridge MA 01550

Total Gross Expenses (Calculated)$4,967/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,967

Annual Income & Unit Breakdown for 48-52 Pine St, Southbridge MA 01550

Total Gross Income (Calculated)$39,900

Unit 1

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

Unit 2

Rental Income$700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

Unit 3

Rental Income$700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

Unit 4

Rental Income$925

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

General Information for 48-52 Pine St, Southbridge MA 01550

Listing ID73115008

Property TypeMulti Family / 3 Family

Price$519,900 ($163.75/SqFt)

Style3 Family

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,175 SqFt

Approximate Lot Size (Acres)0.31 acres

Total Parking5

Garage Parking

Year Built1920

Year Built SourceOwner

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 48-52 Pine 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$48,300

Total Net Income By Broker$48,300

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator CompensationTBD

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 48-52 Pine St, Southbridge MA 01550

Real Estate Taxes$4,967

Tax Year2023

Assessed Value$313,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,300

BostonRealEstate.com Gross Income

Total Net Income By Broker$48,300

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.72%

Location Information for 48-52 Pine St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Golf, Park, Medical Facility, Private School

Contact Information for 48-52 Pine St, Southbridge MA 01550

Agent

Name: Sicily Fields

Office

Name: Aucoin Ryan Realty

Phone: 508-765-9155

Payment Calculator

, Interest

Property Taxes 413.92

Principal & Interest 3203.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Aucoin Ryan Realty

Sicily Fields

Agent Phone

Office Phone

(508) 765-9155

Text Agent Call Agent Call Office

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    [heating] => Yes
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[high_school] => 
    [horse_features] => Array
        (
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[horse_permitted] => No
    [hot_water] => Array
        (
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[id] => 343545
    [insurance_expense] => Array
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[insurance_required] => Array
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[last_month_required] => Array
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    [laundry_features] => Array
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[lead_paint] => Array
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[lease_term] => 
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[management_expense] => Array
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            [0] => $0
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[middle_school] => 
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[net_income_calc] => 34933
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[number_of_lots] => Array
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[number_of_units] => 5
    [office] => Array
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            [phone] => 508-765-9155
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[optional_fee_includes] => Array
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    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
    [parking_features] => Array
        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 978-602-7933
    [pool_features] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
        (
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[roof_material] => Array
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[rooms] => 26
    [senior_community] => No
    [sewer] => Array
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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    [team] => Array
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[terms] => Array
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[timber_acres] => None
    [title_5] => 
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    [total_gross_income] => 39900
    [total_parking] => 5
    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 0
    [unit_1_lease] => Array
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[unit_1_levels] => 1
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[unit_level] => 
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[water] => Array
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[water_expense] => Array
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[water_views_features] => Array
        (
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    [waterfront_features] => Array
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    [year_built_details] => Actual,Renovated Since
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    [zoning] => R3
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EXIT

Closed

48-52 Pine St, Southbridge MA 01550

$519,900

Annual Expenses for 48-52 Pine St, Southbridge MA 01550

Annual Income & Unit Breakdown for 48-52 Pine St, Southbridge MA 01550

General Information for 48-52 Pine St, Southbridge MA 01550

Disclosures for 48-52 Pine St, Southbridge MA 01550

Financial Information for 48-52 Pine St, Southbridge MA 01550

Location Information for 48-52 Pine St, Southbridge MA 01550

Contact Information for 48-52 Pine St, Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

Aucoin Ryan Realty

Sicily Fields