Active
11 Days on market
0 Thomas St Southbridge — Photo 1 of 4

0 Thomas St Southbridge — Photo 1 of 4

$125,000

Investment Analysis — 0 Thomas St

Southbridge, MA 01550

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01550 carries an estimated $1,340/mo in gross rent — about a 9.44% cap rate and $11,802/yr in estimated NOI at the $125,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Great opportunity! Two-parcel development opportunity on Thomas Street in Southbridge zoned for General Business! Sale includes adjoining vacant parcels 030-134 and 030-135, offered together as one package for one price. The property provides frontage along Thomas street and are conveniently located near downtown Southbridge and area amenities. No street address is currently assigned. Buyer and buyer's agent to perform all due diligence regarding zoning, permitted uses, build-ability, utilities, frontage, dimensional requirements and any municipal approvals required for intended use. List price includes both parcels.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$125,000
Annual Taxes$419

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
Flooring--
BasementNone

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WaterOther
SewerOther

Building & Exterior

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ZoningGB

Property & Lot

Acres0.29
SqFt Lot12,734
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Walter Aldrich

Listing Office: Walter Aldrich Realty

MLS® Number: 73570927