Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Withdrawn

78 Everett St, Southbridge MA 01550

$950,000

Estimated $1,964/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $190,000

Total Rent: 82200/year

Estimated CAP Rate: 8.12%

9 Bedrooms

5 Full Baths

4,396 SqFt

Total Parking: 3

14,373 SqFt

Don't miss this rare chance to own a 5-unit property with the potential to convert the third floor into 1 or 2 additional units! This charming building features stunning original doors, elegant bannisters, and a beautiful wrap-around porch. Currently, 4 units are occupied, and a lease is signed for the 5th. The third floor is primed for renovation, offering a blank canvas for your vision. Enjoy strong rental income of $7,700 per month. Please refer to the attached income and expense details. Recent upgrades include a brand-new shingle roof (2024), a new furnace (2023), and Google Nest cameras installed for added security. All common areas have been freshly painted, enhancing the property's appeal. There’s also an opportunity to add coin-operated laundry in the basement, with existing washer/dryer hookups available.

This home has been viewed 87 times

Last Checked: January 30th, 2025 at 5:18am (Source: MLS PIN #73296506)

Gross Income: $82,200

Gross Expenses: $5,083

Net Income Calc: $77,117

CAP Rate: 8.12%

Annual Expenses for 78 Everett St, Southbridge MA 01550

Total Gross Expenses (Calculated)$5,083/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,083

Annual Income & Unit Breakdown for 78 Everett St, Southbridge MA 01550

Total Gross Income (Calculated)$82,200

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,550

Lease

Bedrooms2

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$2,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent Includes

General Information for 78 Everett St, Southbridge MA 01550

Listing ID73296506

Property TypeMulti Family / 5+ Family

Price$950,000 ($216.11/SqFt)

Style5-9 Family

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,396 SqFt

Approximate Lot Size (Acres)0.33 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Block

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 78 Everett 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$23,708

Total Gross Income By Broker$98,400

Total Net Income By Broker$68,692

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 78 Everett St, Southbridge MA 01550

Real Estate Taxes$5,083

Tax Year2023

Assessed Value$320,900

Financial Data Source

Total Gross Expenses By Broker$23,708

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$98,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$68,692

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.12%

Location Information for 78 Everett St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Shopping, Public Transportation

Contact Information for 78 Everett St, Southbridge MA 01550

Agent

Name: Beth DiLoreto

Office

Name: Berkshire Hathaway Home Service New England Properties

Phone: 860-633-3674

Payment Calculator

, Interest

Property Taxes 423.58

Principal & Interest 5853.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway Home Service New England Properties

Beth DiLoreto

Agent Phone

Office Phone

(860) 633-3674

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.33 acres (14,373 SqFt)
    [add_date] => 2024-10-09 08:38:12
    [address] => Everett St
    [agent] => Array
        (
            [address] => 5 Sagamore Lane Unit 208
            [city] => Rocky Hill
            [id] => CN239196
            [name] => Beth DiLoreto
            [national_association] => 
            [office] => AN2463
            [state] => CT
            [zip] => 06067
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 4,396 SqFt
    [approx_lot_size_acres] => 0.33 acres
    [approx_lot_size_sqft] => 14,373 SqFt
    [assessed_value] => $320,900
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 5 Full
    [bedrooms] => 9
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 78 Everett St Southbridge
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Multi Family
    [cap_rate] => 8.12%
    [city] => Southbridge
    [community_features] => Array
        (
            [0] => House Of Worship
            [1] => Shopping
            [2] => Public Transportation
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Don't miss this rare chance to own a 5-unit property with the potential to convert the third floor into 1 or 2 additional units! This charming building features stunning original doors, elegant bannisters, and a beautiful wrap-around porch. Currently, 4 units are occupied, and a lease is signed for the 5th. The third floor is primed for renovation, offering a blank canvas for your vision. Enjoy strong rental income of $7,700 per month. Please refer to the attached income and expense details. Recent upgrades include a brand-new shingle roof (2024), a new furnace (2023), and Google Nest cameras installed for added security.  All common areas have been freshly painted, enhancing the property's appeal. There’s also an opportunity to add coin-operated laundry in the basement, with existing washer/dryer hookups available.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Concrete Perimeter,Block
        )

[frontage_length] => 
    [full_baths] => 5
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $98,400
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 547182
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-01-30 05:18:59
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 4,396 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73296506
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 77117
    [net_operating_income] => Array
        (
            [0] => $68,692
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 5
    [office] => Array
        (
            [id] => AN2463
            [name] => Berkshire Hathaway Home Service New England Properties
            [phone] => 860-633-3674
        )

[operating_expense] => Array
        (
            [0] => $23,708
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 860-796-1578
    [pool_features] => Array
        (
        )

[price] => $950,000
    [price_per_sqft] => 216.11
    [price_per_unit] => 190000
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => $5,083
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 22
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Withdrawn
        )

[street_number] => 78
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 5083
    [total_gross_income] => 82200
    [total_parking] => 3
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 1500
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 1300
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1550
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 2
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 2500
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 78 Everett St, Southbridge MA 01550
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01550
    [zoning] => R2
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 67811063
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/547182/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:00
                    [modified] => 2025-01-30 05:19:00
                )

[1] => Array
                (
                    [id] => 67811210
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[2] => Array
                (
                    [id] => 67811211
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[3] => Array
                (
                    [id] => 67811212
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[4] => Array
                (
                    [id] => 67811213
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[5] => Array
                (
                    [id] => 67811214
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[6] => Array
                (
                    [id] => 67811215
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[7] => Array
                (
                    [id] => 67811216
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[8] => Array
                (
                    [id] => 67811217
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[9] => Array
                (
                    [id] => 67811218
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[10] => Array
                (
                    [id] => 67811219
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[11] => Array
                (
                    [id] => 67811220
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[12] => Array
                (
                    [id] => 67811221
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[13] => Array
                (
                    [id] => 67811222
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[14] => Array
                (
                    [id] => 67811223
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

[15] => Array
                (
                    [id] => 67811224
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73296506&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2025-01-30 05:19:01
                    [modified] => 2025-01-30 05:19:01
                )

)

)

EXIT

Withdrawn

78 Everett St, Southbridge MA 01550

$950,000

Annual Expenses for 78 Everett St, Southbridge MA 01550

Annual Income & Unit Breakdown for 78 Everett St, Southbridge MA 01550

General Information for 78 Everett St, Southbridge MA 01550

Disclosures for 78 Everett St, Southbridge MA 01550

Financial Information for 78 Everett St, Southbridge MA 01550

Location Information for 78 Everett St, Southbridge MA 01550

Contact Information for 78 Everett St, Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway Home Service New England Properties

Beth DiLoreto