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48 Union St., Southbridge MA 01550

$449,900

Estimated $1,133/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $112,475

Total Rent: 52200/year

Estimated CAP Rate:

9 Bedrooms

Baths

4659

Total Parking: 8 (4 Garage)

15,360 (0.35)

Highest and best offers due by Wednesday 1/3 at 6:00 pm. Great opportunity to own this four unit building with great rental income as an owner occupied or investment possibility. The property also has a 4 car garage with separate bays for additional monthly income.Two units have been completely renovated. The other two units have been occupied by the current tenants for over 15 years. Both front hallways and both rear enclosed porches are in great condition and all freshly painted. There are two units per floor with separate hallways for each side leading to part. fin. walk up attic areas for possible additional living space or storage (not included in the total living area). All tenants at will. Tenants pay own heat and hot water. Reasonable water/sewer fees. Separate oil furnaces for each unit, one was replaced about one year ago. Landlord meter has been installed for common areas. Very neat full basement.

This home has been viewed 49 times

Last Checked: May 8th, 2024 at 1:36am (Source: MLS PIN #73188859)

Gross Income: $52,200

Gross Expenses: $10,710

Net Income Calc: $41,490

Water Views

Annual Expenses for 48 Union St., Southbridge MA 01550

Total Gross Expenses (Calculated)$10,710/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4838

Annual Income & Unit Breakdown for 48 Union St., Southbridge MA 01550

Total Gross Income (Calculated)$52,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 48 Union St., Southbridge MA 01550

Listing ID73188859

Property TypeMulti Family / 4 Family

Price449900 ($96.57/SqFt)

Style4 Family - 4 Units Side By Side

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4659

Approximate Lot Size (Acres)0.35

Total Parking8 (4 Garage)

Garage Parking4

Year Built1900

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 Area2394

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 48 Union St., Southbridge MA 01550

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer Negotiable

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 48 Union St., Southbridge MA 01550

Real Estate Taxes4838

Tax Year2023

Assessed Value$289,900

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 48 Union St., Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 48 Union St., Southbridge MA 01550

Agent

Name: Miranda Bousquet

Office

Name: Bousquet Real Estate

Phone: 508-765-5411

Payment Calculator

, Interest

Property Taxes 403.17

Principal & Interest 2772.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Bousquet Real Estate

Miranda Bousquet

Agent Phone

Office Phone

(508) 765-5411

Text Agent Call Agent Call Office

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    [unparsed] => 48 Union St., Southbridge MA 01550
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EXIT

34 More Photos

Closed

48 Union St., Southbridge MA 01550

$449,900

Annual Expenses for 48 Union St., Southbridge MA 01550

Annual Income & Unit Breakdown for 48 Union St., Southbridge MA 01550

General Information for 48 Union St., Southbridge MA 01550

Disclosures for 48 Union St., Southbridge MA 01550

Financial Information for 48 Union St., Southbridge MA 01550

Location Information for 48 Union St., Southbridge MA 01550

Contact Information for 48 Union St., Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

Bousquet Real Estate

Miranda Bousquet