47 West Southbridge — Photo 1 of 27
$399,000
Investment Analysis — 47 West
Southbridge, MA 01550
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-unit multi-family in 01550 carries an estimated $5,600/mo in gross rent — about a 11.78% cap rate and $47,004/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
2,554
Style
3 Family
Built
1900
Great investment opportunity. 2,500+ SqFt 3-family with 3/2/2. All units have been renovated with new flooring, new bathrooms, paint, and more. While property still needs some exterior improvements, the renovated interiors provide a great head start. Offered at just $399,000 this three-family presents strong upside potential in a convenient Southbridge location. Close to downtown, schools, shopping, parks and area amenities. Easy access to Route 20, 1-84 and the Mass Pike make this an ideal location for owner/occupants and tenants alike. Owner/occupants offset your mortgage with tenants, investors maximize your cap rate, both build equity!.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Refrigerator
Geography
Listing Agent: Joseph Cali
Listing Office: Cali Realty Group, Inc.
MLS® Number: 73574712
