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2 Hill St, Southbridge MA 01550

$1,159,000

Estimated $2,390/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $144,875

Total Rent: 66300/year

Estimated CAP Rate:

16 Bedrooms

Baths

3260

Total Parking: 28 (8 Garage)

12,632 (0.29)

PORTFOLIO OPPORTUNITY – 2 HILL ST & 6 HILL ST, SOUTHBRIDGE ARE BEING SOLD TOGETHER AS A PACKAGE ONLY AND WILL NOT BE SOLD SEPARATELY.** Excellent opportunity to acquire two neighboring 4-family properties for a total of 8 residential units, each consisting of 2 bedrooms. Strong rental history with additional upside as rents continue to move toward market levels. Tenants pay their **own gas heat and electricity**, helping keep owner-paid utilities low. Both properties feature high-efficiency gas heating systems and separately metered electric.Additional income potential includes **garage bays rented separately** and **coin-operated laundry**. The properties offer excellent off-street parking and a large parking area. Convenient Southbridge location with a long-established rental history.All residential units are tenant occupied except for any vacancy specifically disclosed at the time of showing. **2 Hill Street and 6 Hill Street are being offered exclusively as one portfolio transaction. Seller will NOT consider selling either property individually.** Properties are being sold **AS-IS**. Tenants' personal belongings are not included in the sale. Buyer and buyer's agent to perform their own due diligence and independently verify all property information, rents, expenses, measurements, systems, and financial information.**SHOWINGS/OPEN HOUSES ONLY . OFFERS MUST INCLUDE BOTH PROPERTIES. PACKAGE SALE ONLY — NO EXCEPTIONS.**

This home has been viewed 3 times

Last Checked: September 23rd, 2026 at 9:13am (Source: MLS PIN #73576154)

Gross Income: $66,300

Gross Expenses: $6,128

Net Income Calc: $60,172

Annual Expenses for 2 Hill St, Southbridge MA 01550

Total Gross Expenses (Calculated)$6,128/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6128

Annual Income & Unit Breakdown for 2 Hill St, Southbridge MA 01550

Total Gross Income (Calculated)$66,300

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 2 Hill St, Southbridge MA 01550

Listing ID73576154

Property TypeMulti Family / 5+ Family

Price1159000 ($355.52/SqFt)

Style5-9 Family

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3260

Approximate Lot Size (Acres)0.29

Total Parking28 (8 Garage)

Garage Parking8

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

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 2 Hill St, Southbridge MA 01550

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 2 Hill St, Southbridge MA 01550

Real Estate Taxes6128

Tax Year2025

Assessed Value$418,000

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 2 Hill St, Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2 Hill St, Southbridge MA 01550

Agent

Name: Sergio Froes Oliveira

Office

Name: Settlers Realty Group, LLC

Phone: 508-304-2739

Team Members

Payment Calculator

, Interest

Property Taxes 510.67

Principal & Interest 7141.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Settlers Realty Group, LLC

Sergio Froes Oliveira

Agent Phone

Office Phone

(508) 304-2739

Text Agent Call Agent Call Office

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    [description] => PORTFOLIO OPPORTUNITY – 2 HILL ST & 6 HILL ST, SOUTHBRIDGE ARE BEING SOLD TOGETHER AS A PACKAGE ONLY AND WILL NOT BE SOLD SEPARATELY.** Excellent opportunity to acquire two neighboring 4-family properties for a total of 8 residential units, each consisting of 2 bedrooms. Strong rental history with additional upside as rents continue to move toward market levels. Tenants pay their **own gas heat and electricity**, helping keep owner-paid utilities low. Both properties feature high-efficiency gas heating systems and separately metered electric.Additional income potential includes **garage bays rented separately** and **coin-operated laundry**. The properties offer excellent off-street parking and a large parking area. Convenient Southbridge location with a long-established rental history.All residential units are tenant occupied except for any vacancy specifically disclosed at the time of showing. **2 Hill Street and 6 Hill Street are being offered exclusively as one portfolio transaction. Seller will NOT consider selling either property individually.** Properties are being sold **AS-IS**. Tenants' personal belongings are not included in the sale. Buyer and buyer's agent to perform their own due diligence and independently verify all property information, rents, expenses, measurements, systems, and financial information.**SHOWINGS/OPEN HOUSES ONLY . OFFERS MUST INCLUDE BOTH PROPERTIES. PACKAGE SALE ONLY — NO EXCEPTIONS.**
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EXIT

12 More Photos

Pending

2 Hill St, Southbridge MA 01550

$1,159,000

Annual Expenses for 2 Hill St, Southbridge MA 01550

Annual Income & Unit Breakdown for 2 Hill St, Southbridge MA 01550

General Information for 2 Hill St, Southbridge MA 01550

Disclosures for 2 Hill St, Southbridge MA 01550

Financial Information for 2 Hill St, Southbridge MA 01550

Location Information for 2 Hill St, Southbridge MA 01550

Contact Information for 2 Hill St, Southbridge MA 01550

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Settlers Realty Group, LLC

Sergio Froes Oliveira