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48-62 Central Street, Southbridge MA 01550

Active

48-62 Central Street, Southbridge MA 01550

$1,100,000

Estimated $3,124/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $110,000

Total Rent: 57600/year

Estimated CAP Rate:

16 Bedrooms

Baths

11714

Total Parking: 12

13,939 (0.32)

This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

This home has been viewed 3 times

Last Checked: August 6th, 2026 at 10:28am (Source: MLS PIN #73559742)

Gross Income: $57,600

Gross Expenses: $67,516

Net Income Calc: $9,916

Water Views

Annual Expenses for 48-62 Central Street, Southbridge MA 01550

Total Gross Expenses (Calculated)$67,516/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16082

Annual Income & Unit Breakdown for 48-62 Central Street, Southbridge MA 01550

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 48-62 Central Street, Southbridge MA 01550

Listing ID73559742

Property TypeMulti Family

Price1100000 ($93.9/SqFt)

Style5+ Family - 5+ Units Side By Side

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total11714

Approximate Lot Size (Acres)0.32

Total Parking12

Garage Parking0

Year Built1938

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 48-62 Central Street, Southbridge MA 01550

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 48-62 Central Street, Southbridge MA 01550

Real Estate Taxes16082

Tax Year2026

Assessed Value$1,097,000

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 48-62 Central Street, Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 48-62 Central Street, Southbridge MA 01550

Agent

Name: Ethan Lazar

Office

Name: Horvath & Tremblay

Phone: 781-776-4000

Team Members

Name: Michael Bradley

Payment Calculator

, Interest

Property Taxes 1340.17

Principal & Interest 6777.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Ethan Lazar

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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    [description] => This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.
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    [unparsed] => 48-62 Central Street, Southbridge MA 01550
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EXIT

19 More Photos

Active

48-62 Central Street, Southbridge MA 01550

$1,100,000

Annual Expenses for 48-62 Central Street, Southbridge MA 01550

Annual Income & Unit Breakdown for 48-62 Central Street, Southbridge MA 01550

General Information for 48-62 Central Street, Southbridge MA 01550

Disclosures for 48-62 Central Street, Southbridge MA 01550

Financial Information for 48-62 Central Street, Southbridge MA 01550

Location Information for 48-62 Central Street, Southbridge MA 01550

Contact Information for 48-62 Central Street, Southbridge MA 01550

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

Ethan Lazar