Fully occupied 6-unit Mult-Family with long term tenants all paying each month. Turnkey investment providing steady income with strong income potential growth. The property features a well-balanced mix of three - 3BR 1 Bath units in the front and three - 2BR 1 Bath units in the back. Renters are Tenant at Will with rents below market value (except Unit 3F - renovated in 2024 and rent is $1950/mth. Pictures attached show the unit being renovated, prior to tenants.) All units have a Letter of Full Deleading Compliance. New Fire Department Compliant Alarm System being installed, will be completed prior to closing. Provides plenty of off-street parking and situated on a corner lot. Major repairs have been done over time - vinyl sided, replacement windows, electrical panels with landlord meter, exterior lights on a timer, porches and decks. Rubber Roof ~16 years old. 6th Unit rent is $1200/mth.
This home has been viewed 22 times
Last Checked: June 20th, 2026 at 4:53am (Source: MLS PIN #73520286)
Gross Income: $57,840
Gross Expenses: $37,182
Net Income Calc: $20,658
Water Views
Annual Expenses for 121 Charlton St, Southbridge MA 01550
Total Gross Expenses (Calculated)$37,182/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9152
Annual Income & Unit Breakdown for 121 Charlton St, Southbridge MA 01550
Total Gross Income (Calculated)$57,840
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 121 Charlton St, Southbridge MA 01550
Listing ID73520286
Property TypeMulti Family / 5+ Family
Price799900 ($128.25/SqFt)
Style5-9 Family
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total6237
Approximate Lot Size (Acres)0.26
Total Parking9
Garage Parking0
Year Built1930
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 121 Charlton St, Southbridge MA 01550
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 121 Charlton St, Southbridge MA 01550
Real Estate Taxes9152
Tax Year2025
Assessed Value$624,300
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 121 Charlton St, Southbridge MA 01550
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 121 Charlton St, Southbridge MA 01550