48 Union St Southbridge — Photo 1 of 32
$620,000
Investment Analysis — 48 Union St
Southbridge, MA 01550
Based on rent reported on the MLS listing, a 4-unit multi-family in 01550 carries $2,500/mo in gross rent — about a 2.53% cap rate and $15,705/yr in estimated NOI at the $620,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
4
SqFt
4,659
Style
4 Family
Built
1900
Welcome to this rare four unit with four garages bays for additional monthly income, with plenty of yard space perfect for an owner occupied or investment opportunity. Two units are going to be vacant and have been renovated. The other two units have been occupied by the current tenants for over 20 years. Walk up attic areas perfect for possible additional living space or storage (not included in the total living area). Tenants pay own heat, hot water and electric. Landlord pays trash, water and sewer. Reasonable water/sewer fees. Newer Oil Tanks for three of the units and hot water heater, all replaced within the last two years, and furnace also replaced in the last year, adding additional peace and mind, don't miss your chance to occupy this well taken care of house!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: John Monterroso
Listing Office: 1 Worcester Homes
MLS® Number: 73559403
