Exceptional multi-use investment opportunity featuring a balanced mix of residential and commercial space. MONTHLY RENTAL INCOME WILL INCREASE TO $14,550 AS OF 6/1. This income-producing property offers 9 residential units, a street-level barbershop, dedicated office space, and garage/storage areas, providing multiple revenue streams. Several residential units have been recently updated, enhancing tenant appeal while leaving room for value-add improvements. The property also includes on-site coin-op laundry and off-street parking, desirable amenities for both residential and commercial tenants. Located near the Connecticut border with convenient access to Routes 90, 20, 84, and 395, supporting strong tenant demand and long-term upside.
This home has been viewed 1 time
Last Checked: March 17th, 2026 at 7:03am (Source: MLS PIN #73487191)
Gross Income: $62,400
Gross Expenses: $32,236
Net Income Calc: $30,164
Annual Expenses for 140 Hamilton St, Southbridge MA 01550
Total Gross Expenses (Calculated)$32,236/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17336
Annual Income & Unit Breakdown for 140 Hamilton St, Southbridge MA 01550
Total Gross Income (Calculated)$62,400
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 140 Hamilton St, Southbridge MA 01550
Listing ID73487191
Property TypeMulti Family / 5+ Family
Price1500000 ($68.62/SqFt)
Style5-9 Family
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total21858
Approximate Lot Size (Acres)0.85
Total Parking38 (4 Garage)
Garage Parking4
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningCC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 140 Hamilton St, Southbridge MA 01550
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsWasher And Dryer Are Not Included
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 140 Hamilton St, Southbridge MA 01550
Real Estate Taxes17336
Tax Year2025
Assessed Value$1,164,300
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 140 Hamilton St, Southbridge MA 01550
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 140 Hamilton St, Southbridge MA 01550