Overview Property Details Payment Calculator Walkability

Active

128 & 128 1/2 Elm St, Southbridge MA 01550

$674,900

Estimated $1,698.18/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $134,980

Total Rent: 54000/year

Estimated CAP Rate: 5.50%

11 Bedrooms

5 Full Baths

3,848 SqFt

Total Parking: 9 (2 Garage)

5,227 SqFt

Unique Multi-Family Investment Opportunity! This rare offering features two separate buildings on one lot, combining for a total of five units. The front building offers 3 units, while the rear building contains 2 additional units, providing flexible rental configurations wi...

This home has been viewed 31 times

Last Checked: August 13th, 2025 at 4:33am (Source: MLS PIN #73396897)

Gross Income: $54,000

Gross Expenses: $16,901

Net Income Calc: $37,099

CAP Rate: 5.50%

Annual Expenses for 128 & 128 1/2 Elm St, Southbridge MA 01550

Total Gross Expenses (Calculated)$16,901/year

APOD AvailableYes

Heating

Electricity$436

Water$2,282

Gas$2,282

Insurance$4,781

Sewer$2,282

Trash Removal$1,840

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,246

Annual Income & Unit Breakdown for 128 & 128 1/2 Elm St, Southbridge MA 01550

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$1,150

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,550

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 4

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

General Information for 128 & 128 1/2 Elm St, Southbridge MA 01550

Listing ID73396897

Property TypeMulti Family / 5+ Family

Price$674,900 ($175.39/SqFt)

Style5-9 Family

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,848 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking9 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor SpacePorch

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 128 & 128 1/2 Elm St, Southbridge MA 01550

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$9,655

Total Gross Income By Broker$75,600

Total Net Income By Broker$65,945

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 128 & 128 1/2 Elm St, Southbridge MA 01550

Real Estate Taxes$7,246

Tax Year2025

Assessed Value$494,300

Financial Data Source

Total Gross Expenses By Broker$9,655

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$75,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$65,945

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.50%

Location Information for 128 & 128 1/2 Elm St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 128 & 128 1/2 Elm St, Southbridge MA 01550

Agent

Name: Jim Black Group

Office

Name: Real Broker MA, LLC

Phone: 508-365-3532

Team Members

Name: Kimberly Frasier

Phone: 508-859-0926

Payment Calculator

$4,762.35 per month

30 Years Fixed, 6.75% Interest

Property Taxes $603.83

Principal & Interest $4,158.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Jim Black Group

Agent Phone

Office Phone

(508) 365-3532

Text Agent Call Agent Call Office

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EXIT

Active

128 & 128 1/2 Elm St, Southbridge MA 01550

$674,900

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