Active
1 Days on market
2 Hill St Southbridge — Photo 1 of 15

2 Hill St Southbridge — Photo 1 of 15

$1,159,000

2 Hill St, Southbridge, MA 01550

Southbridge, MA 01550

Investor Analysis

Beds

16

Baths

8

SqFt

3,260

Style

5-9 Family

Built

1900

PORTFOLIO OPPORTUNITY – 2 HILL ST & 6 HILL ST, SOUTHBRIDGE ARE BEING SOLD TOGETHER AS A PACKAGE ONLY AND WILL NOT BE SOLD SEPARATELY.** Excellent opportunity to acquire two neighboring 4-family properties for a total of 8 residential units, each consisting of 2 bedrooms. Strong rental history with additional upside as rents continue to move toward market levels. Tenants pay their **own gas heat and electricity**, helping keep owner-paid utilities low. Both properties feature high-efficiency gas heating systems and separately metered electric.Additional income potential includes **garage bays rented separately** and **coin-operated laundry**. The properties offer excellent off-street parking and a large parking area. Convenient Southbridge location with a long-established rental history.All residential units are tenant occupied except for any vacancy specifically disclosed at the time of showing. **2 Hill Street and 6 Hill Street are being offered exclusively as one portfolio transaction. Seller will NOT consider selling either property individually.** Properties are being sold **AS-IS**. Tenants' personal belongings are not included in the sale. Buyer and buyer's agent to perform their own due diligence and independently verify all property information, rents, expenses, measurements, systems, and financial information.**SHOWINGS/OPEN HOUSES ONLY . OFFERS MUST INCLUDE BOTH PROPERTIES. PACKAGE SALE ONLY — NO EXCEPTIONS.**

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$356/sqft
Local Avg (Southbridge)$192/sqft
85% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Southbridge, MA.

Property Details

Financials

Original Price$1,159,000
Annual Taxes$6,128

Parking

Garage8
Off-Street20

Interior Specifications

Total Rooms40
FireplacesNone
FlooringWood
BasementFull, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.29
SqFt Lot12,632
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Medical Facility • House of Worship • Public School

Geography

Population

17,928

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

57.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Sergio Froes Oliveira

Listing Office: Settlers Realty Group, LLC

MLS® Number: 73576154

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