Turnkey 3-unit investment opportunity in Southbridge! This well-maintained multifamily offers a mix of unit sizes: a 2-bed/1-bath basement unit (current tenant, lease through 11/30/2026, $1,499/mo), a vacant 1-bed/1-bath unit ready for immediate occupancy or owner-use ($1,600/mo market rent), and a 2-bed/1-bath unit (current tenant, lease through 5/31/2027, $1,550/mo). Total gross rent potential of approximately $4,649/month. Low operating expenses with 2025 actuals including taxes ($2,915), R&M ($665), and utilities. Ideal for an investor seeking immediate cash flow with upside from the vacant unit. Don't miss this opportunity to add a solid asset to your portfolio! Buyer to do due diligence.
This home has been viewed 5 times
Last Checked: September 24th, 2026 at 4:29am (Source: MLS PIN #73563453)
Gross Income: $92,376
Gross Expenses: $7,779
Net Income Calc: $84,597
Water Views
Annual Expenses for 165 Pleasant St., Southbridge MA 01604
Total Gross Expenses (Calculated)$7,779/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2915
Annual Income & Unit Breakdown for 165 Pleasant St., Southbridge MA 01604
Total Gross Income (Calculated)$92,376
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 165 Pleasant St., Southbridge MA 01604
Listing ID73563453
Property TypeMulti Family / 3 Family
Price535000 ($431.45/SqFt)
Style3 Family - 3 Units Up/down
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total1240
Approximate Lot Size (Acres)0.14
Total Parking3
Garage Parking0
Year Built1860
Year Built SourcePublic Records
Year Built DetailsUnknown/Mixed
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 165 Pleasant St., Southbridge MA 01604
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsPersonal Belongings
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 165 Pleasant St., Southbridge MA 01604
Real Estate Taxes2915
Tax Year2025
Assessed Value$225,800
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 165 Pleasant St., Southbridge MA 01604
Neighborhood(s)
Area Amenities
Contact Information for 165 Pleasant St., Southbridge MA 01604