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Active

47 Morris St, Southbridge MA 01550

$549,900

Estimated $1,246/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,300

Total Rent: 63000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2074

Total Parking: 4

6,098 (0.14)

Exceptional investment opportunity in Southbridge! This extensively renovated three-family property has undergone significant upgrades throughout, offering peace of mind for both investors and owner-occupants alike. Major improvements include a new roof, new windows, upgraded electrical service with new panels and meters, complete removal of cast-iron plumbing, and separation of gas and water services for each unit. Each apartment has been thoughtfully updated with new flooring, fresh paint, modern lighting, all-new kitchen plumbing, and completely updated bathroom plumbing. Additional improvements include new water lines, separate utility services, and all new hot water heaters.Safety and functionality have also been enhanced with the addition of exterior egress for the third-floor unit. With major mechanical, plumbing, electrical, and cosmetic updates completed, this property presents a rare opportunity to acquire a low-maintenance multifamily asset with strong rental potential.

This home has been viewed 11 times

Last Checked: June 6th, 2026 at 6:48pm (Source: MLS PIN #73531174)

Gross Income: $63,000

Gross Expenses: $4,250

Net Income Calc: $58,750

Annual Expenses for 47 Morris St, Southbridge MA 01550

Total Gross Expenses (Calculated)$4,250/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4250

Annual Income & Unit Breakdown for 47 Morris St, Southbridge MA 01550

Total Gross Income (Calculated)$63,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 47 Morris St, Southbridge MA 01550

Listing ID73531174

Property TypeMulti Family / 3 Family

Price549900 ($265.14/SqFt)

Style3 Family - 3 Units Up/down

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2074

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 47 Morris St, Southbridge MA 01550

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSeller's Personal Property

Financial Data Source

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 47 Morris St, Southbridge MA 01550

Real Estate Taxes4250

Tax Year2025

Assessed Value$289,900

Financial Data Source

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 47 Morris St, Southbridge MA 01550

Neighborhood(s)

Area Amenities

Contact Information for 47 Morris St, Southbridge MA 01550

Agent

Name: We Close Deals Team

Office

Name: Lamacchia Realty, Inc.

Phone: 508-832-5324

Team Members

Payment Calculator

, Interest

Property Taxes 354.17

Principal & Interest 3388.31

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

We Close Deals Team

Agent Phone

Office Phone

(508) 832-5324

Text Agent Call Agent Call Office

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    [unparsed] => 47 Morris St, Southbridge MA 01550
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EXIT

38 More Photos

Active

47 Morris St, Southbridge MA 01550

$549,900

Annual Expenses for 47 Morris St, Southbridge MA 01550

Annual Income & Unit Breakdown for 47 Morris St, Southbridge MA 01550

General Information for 47 Morris St, Southbridge MA 01550

Disclosures for 47 Morris St, Southbridge MA 01550

Financial Information for 47 Morris St, Southbridge MA 01550

Location Information for 47 Morris St, Southbridge MA 01550

Contact Information for 47 Morris St, Southbridge MA 01550

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

We Close Deals Team