16-18 Park St Southbridge — Photo 1 of 28
$1,100,000
Investment Analysis — 16-18 Park 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 0.39% cap rate and $4,254/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
4
SqFt
12,414
Style
Other
Built
1915
GREAT BUILDING! PLUS A TWO FAMILY FOR INCOME! GREAT LOCATION! GREAT SPACE! BUILDING FOR SALE! 52' x 114'. HUGE 6000sf building plus 6000sf full basement with garage door. Vinyl Sided. First floor has flooring business. Lower Level storage for cars, boats, materials. Parking area out front. Two garage doors, one for main level and one for lower level. Easy delivery of materials. Concrete block construction. Four electrical panels so building can be split up into separate units. Gas heat-blowers. Basement not heated but could be. Office room SF aprox. 1st floor has several rooms. Downstairs wide open with one large separate room in rear. Modern lovely two family has 4 rooms 2 bedrooms each, great rental history! Renovated in 2018. Turn key property.See Listing # 73493616 for all 4 properties listed together.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Brenda Ryan
Listing Office: Aucoin Ryan Realty
MLS® Number: 73567544
