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Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses - taxes, trash, water/sewer, and common electric total under $12K annually - support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!

More Info

Basic Information

  • Gross Income $40,200
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number 3977697

Tax Information

  • Tax Assessed Value $392,900
  • Tax Year 2025
  • Taxes$4,462

Parking

  • Parking Features Off Street
  • Parking Spaces4

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Basic Information

  • List Price$650,000
  • MLS Number73523752
  • Modification Date05/27/2026
  • Property SubType4 Family

Location

  • Address33 Union Street
  • Building Number33
  • CountyWorcester
  • StateMA
  • StreetUnion Street
  • TownSouthbridge
  • Zip01550

Building

  • BasementDirt Floor, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame, See Remarks
  • FoundationStone, Other
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms12
  • Stories6
  • Units4
  • Utilities For Gas Oven, Washer Hookup
  • Year Built1900
  • Year Built Details Unknown/Mixed
  • Year Built Source Public Records

Property

  • Acreage0.21

Interior

  • Flooring Vinyl, Hardwood, Other

Exterior

  • RoofShingle, Other

Utilities

  • Electric Circuit Breakers,100 Amp Service, Other (See Remarks)
  • Electric Expense 483
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,592
  • Lot Size Square Feet 9,148
  • Lot Size Units Acres
  • Square Feet2,592

Amenities

  • AmenitiesOther
  • Green Energy Efficient Other (See Remarks)
  • Other AmenitiesBasement

Legal

  • ZoningR3

Other

  • Date Listed05/26/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jason Saphire of www.HomeZu.com

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