Active Under Contract
18 Days on market
36 Winter Street Southbridge — Photo 1 of 13

36 Winter Street Southbridge — Photo 1 of 13

$649,999

Investment Analysis — 36 Winter Street

Southbridge, MA 01550

Based on rent reported on the MLS listing, a 3-unit multi-family in 01550 carries $6,150/mo in gross rent — about a 7.61% cap rate and $49,496/yr in estimated NOI at the $649,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

4,134

Style

3 Family - 3 Units Up/Down

Built

1900

Rare opportunity to own a substantially renovated 3-family in Southbridge with strong in-place income and excellent rental potential. The property offers 4,134+ SF with 3 units, each featuring 3 bedrooms and 1 full bath, for a total of 9 bedrooms and 3 full baths, plus a detached 3-car garage. Recent improvements include a new roof, siding, windows, refinished/new flooring, updated electrical service with 200-amp wiring, circuit breakers, and panels, furnaces, water heaters, updated plumbing, lead paint remediation, and enclosed rear porches. Unit 1 features an in-unit washer and dryer, while Units 2 and 3 have their own washers and dryers in the basement. Conveniently located near Route 20, I-84, and I-90, with easy access to downtown Southbridge, shopping, restaurants, schools, parks, medical facilities, and public transportation. With spacious units, valuable off-street parking, and extensive recent updates, this property offers an attractive opportunity for investors seeking cash flow and portfolio growth or an owner-occupant looking to house hack while building equity. Open house will be this weekend, Sunday August 30 between 12:00pm-2:00pm.

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 MLS and other third-party data may be inaccurate or out of date.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$649,999
Annual Taxes$6,592

Parking

Garage3
Off-Street6

Interior Specifications

Total Rooms18
FireplacesNone
FlooringWood, Vinyl, Laminate, Hardwood
BasementFull, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.19
SqFt Lot8,276
Lot FeaturesLevel

Amenities & Appliances

ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer • Range • Microwave • Freezer • ENERGY STAR Qualified Refrigerator • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Skerdi Senko

Listing Office: Splice Realty

MLS® Number: 73568094