Income Property. A single family and a 9 car garage. Recently renovated single family home over the past couple of years. The home has street frontage on both Ashland Ave (rt131) and Old Dudley Road. The additional unit is a 9 car garage with an entrance is on Ashland Ave. Garage is rent with no access to power. The house entrance can also be accessed from Old Dudley Rd that also has additional open parking. Nice back yard. Garages are rented out individually that provides additional income for the property. Most recently. The house has new carpet, freshly painted. Kitchen cabinets have been upgraded.
This home has been viewed 6 times
Last Checked: December 12th, 2025 at 5:58am (Source: MLS PIN #73461312)
Gross Income: $29,880
Gross Expenses: $3,759
Net Income Calc: $26,121
CAP Rate: 7.69%
Annual Expenses for 768 Ashland Ave, Southbridge MA 01550
Total Gross Expenses (Calculated)$3,759/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,759
Annual Income & Unit Breakdown for 768 Ashland Ave, Southbridge MA 01550
Total Gross Income (Calculated)$29,880
Unit 1
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$990
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 768 Ashland Ave, Southbridge MA 01550
Listing ID73461312
Property TypeMulti Family / 2 Family
Price$339,865 ($464.3/SqFt)
Style2 Family - 2 Units Side By Side
CitySouthbridge
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total732 SqFt
Approximate Lot Size (Acres)0.52 acres
Total Parking28 (9 Garage)
Garage Parking9 / Detached
Year Built1940
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesSteep Slope
Foundation Area600
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningM
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 768 Ashland Ave, Southbridge MA 01550
Lead Paint
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5Passed
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$24,744
Total Net Income By Broker$24,744
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 768 Ashland Ave, Southbridge MA 01550
Real Estate Taxes$3,759
Tax Year2025
Assessed Value$256,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,744
BostonRealEstate.com Gross Income
Total Net Income By Broker$24,744
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.69%
Location Information for 768 Ashland Ave, Southbridge MA 01550
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 768 Ashland Ave, Southbridge MA 01550