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37 Oakes Ave, Southbridge MA 01550

$524,900

Estimated $1,227/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,450

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

2319

Total Parking: 6

8,712 (0.20)

37 Oakes Ave, Southbridge is a fully renovated, vacant two-family offering a rare turnkey opportunity for both owner-occupants and investors. Thoughtfully updated from top to bottom, this property features a new roof, new windows, updated electrical, updated plumbing, and beautifully renovated interiors throughout. The first unit offers 3 bedrooms and 1 full bathroom, while the second unit features 4 bedrooms and 1 full bathroom. Both units include in-unit laundry hookups, separate utilities, and are delivered completely vacant, providing immediate flexibility for occupancy or rental income. Lead compliance certificates for both units are in hand for added peace of mind. Ideally situated directly across from UMass Memorial Health – Harrington Hospital and just minutes from downtown shops, restaurants, parks, schools, and major commuter routes, this is a true move-in-ready property with outstanding income potential in a convenient, high-demand location.

This home has been viewed 9 times

Last Checked: July 27th, 2026 at 6:43am (Source: MLS PIN #73553152)

Gross Income: $0

Gross Expenses: $4,506

Net Income Calc: $4,506

Annual Expenses for 37 Oakes Ave, Southbridge MA 01550

Total Gross Expenses (Calculated)$4,506/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4506.48

Annual Income & Unit Breakdown for 37 Oakes Ave, Southbridge MA 01550

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 37 Oakes Ave, Southbridge MA 01550

Listing ID73553152

Property TypeMulti Family / 2 Family

Price524900 ($226.35/SqFt)

Style2 Family - 2 Units Up/down

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2319

Approximate Lot Size (Acres)0.2

Total Parking6

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 37 Oakes Ave, Southbridge MA 01550

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

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 37 Oakes Ave, Southbridge MA 01550

Real Estate Taxes4506.48

Tax Year2025

Assessed Value$307,400

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 37 Oakes Ave, Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 37 Oakes Ave, Southbridge MA 01550

Agent

Name: The Equity Group

Office

Name: Lock and Key Realty Inc.

Phone: 413-282-8080

Team Members

Payment Calculator

, Interest

Property Taxes 375.54

Principal & Interest 3234.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lock and Key Realty Inc.

The Equity Group

Agent Phone

Office Phone

(413) 282-8080

Text Agent Call Agent Call Office

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    [description] => 37 Oakes Ave, Southbridge is a fully renovated, vacant two-family offering a rare turnkey opportunity for both owner-occupants and investors. Thoughtfully updated from top to bottom, this property features a new roof, new windows, updated electrical, updated plumbing, and beautifully renovated interiors throughout. The first unit offers 3 bedrooms and 1 full bathroom, while the second unit features 4 bedrooms and 1 full bathroom. Both units include in-unit laundry hookups, separate utilities, and are delivered completely vacant, providing immediate flexibility for occupancy or rental income. Lead compliance certificates for both units are in hand for added peace of mind. Ideally situated directly across from UMass Memorial Health – Harrington Hospital and just minutes from downtown shops, restaurants, parks, schools, and major commuter routes, this is a true move-in-ready property with outstanding income potential in a convenient, high-demand location.
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    [unparsed] => 37 Oakes Ave, Southbridge MA 01550
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EXIT

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