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30-32 Spring Street, Northbridge MA 01588

$750,000

Estimated $1,845.70/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $187,500

Total Rent: 72000/year

Estimated CAP Rate: 8.59%

10 Bedrooms

4 Full Baths

4,805 SqFt

Total Parking: 12 (4 Garage)

9,800 SqFt

Properties like this are hard to find!! Large very well-maintained multi-family featuring four spacious units—two Five-room, three bedroom, 1 bath units and two Four room, two bedroom one bath units. Detached four car garage!! This property offers flexibility for investors or those seeking to live in one unit while generating rental income from the others. First floor left apartment is currently vacant. Each unit offers comfortable living spaces, with potential for solid cash flow in an excellent location. Updated systems include roof, siding, windows, heat, hot water and electrical service. Ideal for both seasoned investors and first-time buyers looking to build equity. Don’t miss this opportunity!

This home has been viewed 4 times

Last Checked: February 12th, 2026 at 6:38pm (Source: MLS PIN #73476591)

Gross Income: $72,000

Gross Expenses: $7,555

Net Income Calc: $64,445

CAP Rate: 8.59%

Annual Expenses for 30-32 Spring Street, Northbridge MA 01588

Total Gross Expenses (Calculated)$7,555/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,555

Annual Income & Unit Breakdown for 30-32 Spring Street, Northbridge MA 01588

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$1,100

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 30-32 Spring Street, Northbridge MA 01588

Listing ID73476591

Property TypeMulti Family / 4 Family

Price$750,000 ($156.09/SqFt)

Style4 Family - 4 Units Up/down

CityNorthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,805 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking12 (4 Garage)

Garage Parking4 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Easements, Wooded

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor SpacePorch

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens, Insulated Windows

Terms

Disclosures for 30-32 Spring Street, Northbridge MA 01588

Lead Paint

UFFIUnknown

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$72,000

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 30-32 Spring Street, Northbridge MA 01588

Real Estate Taxes$7,555

Tax Year2025

Assessed Value$640,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.59%

Location Information for 30-32 Spring Street, Northbridge MA 01588

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Public School, Public Transportation, Sidewalks

Contact Information for 30-32 Spring Street, Northbridge MA 01588

Agent

Name: Michael C. Deluca

Office

Name: Coldwell Banker Realty - Worcester

Phone: 508-795-7500

Payment Calculator

, Interest

Property Taxes 629.58

Principal & Interest 4621.26

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Michael C. Deluca

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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EXIT

Active

30-32 Spring Street, Northbridge MA 01588

$750,000

Annual Expenses for 30-32 Spring Street, Northbridge MA 01588

Annual Income & Unit Breakdown for 30-32 Spring Street, Northbridge MA 01588

General Information for 30-32 Spring Street, Northbridge MA 01588

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Financial Information for 30-32 Spring Street, Northbridge MA 01588

Location Information for 30-32 Spring Street, Northbridge MA 01588

Contact Information for 30-32 Spring Street, Northbridge MA 01588

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Coldwell Banker Realty - Worcester

Michael C. Deluca