Active
30 Days on market
165 Pleasant St. Southbridge — Photo 1 of 20

165 Pleasant St. Southbridge — Photo 1 of 20

$535,000

Investment Analysis — 165 Pleasant St.

Southbridge, MA 01604

Based on rent reported on the MLS listing, a 3-unit multi-family in 01604 carries $7,698/mo in gross rent — about a 12.58% cap rate and $67,291/yr in estimated NOI at the $535,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

1,240

Style

3 Family - 3 Units Up/Down

Built

1860

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.

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 MLS and other third-party data may be inaccurate or out of date.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$535,000
Annual Taxes$2,915

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementCrawl Space

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, See Remarks
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.14
SqFt Lot6,303
Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73563453