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Fresh updates from the inside out give this Southbridge two-family a strong head start for its next owner! Beyond its refreshed appeal, the property offers excellent flexibility for investors looking to expand their portfolio or owner-occupants hoping to offset expenses with rental income. Both units are fully vacant and offer spacious, functional layouts, each featuring 2 bedrooms, 1 full bath, a living room, a kitchen, and a private deck for added outdoor space. The first-floor apartment features a newly updated kitchen showcasing new cabinetry and hardware, along with new wood-style vinyl flooring throughout. Upstairs, the second unit offers its own appeal with sparkling hardwood floors, new kitchen flooring, and a renovated bathroom featuring a brand-new tub and shower, and vanity. New plumbing fixtures carry throughout both apartments, including updated kitchen sinks and faucets. At the lower level, you'll find a partially finished basement that lends itself to recreation, shared gatherings, or additional storage, along with a dedicated laundry area. Outside, the improvements make just as strong an impression, from all-new windows, siding, and exterior doors to refreshed front and back decks. Fresh interior paint adds a crisp feel throughout, while a high-efficiency wall-hung propane boiler, installed in 2018, brings an important mechanical upgrade. Tucked away as the last home on a dead-end road, the setting offers a welcome sense of seclusion in a quiet neighborhood, complemented by a fenced-in backyard that creates a private outdoor retreat. Location adds another layer of rental appeal, placing residents near Southbridge's local shopping, grocery stores, restaurants, and everyday conveniences, with convenient access to Routes 131, 169, and 20 for commuting to Sturbridge, Charlton, and surrounding communities. With both units vacant and so many updates already completed, this is an opportunity to put your investment plans into motion. See the potential for yourself and make this versatile property your next move!

More Info

Basic Information

  • Lot Features Wooded, Cleared, Gentle Sloping
  • Mls StatusNew
  • Parcel Number M:0071 B:0063G L:00001,3980760
  • Rent Includes Unit 1(None), Unit 2(None)
  • Road Frontage DescriptionUnimproved

Tax Information

  • Tax Assessed Value $351,800
  • Tax Year 2025
  • Taxes$5,157

School Information

  • Elementary SchoolWest Street
  • High School Southbridge High
  • Junior HighSouthbridge Middle

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Stone/Gravel, Paved
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$474,900
  • MLS Number73599414
  • Modification Date11/05/2026
  • Property SubTypeMulti Family

Location

  • Address54 Grace Lane
  • Building Number54
  • CountyWorcester
  • StateMA
  • StreetGrace Lane
  • TownSouthbridge
  • Zip01550

Building

  • BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationConcrete Perimeter
  • Garage Spaces1
  • Levels 2
  • Patio And Porch Features Deck - Wood
  • Rooms9
  • Stories2
  • Units2
  • Utilities For Electric Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1977
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.38

Interior

  • Flooring Vinyl, Carpet, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Ceiling Fan(s)
    • Kitchen
    • Laundry Room
    • Living Room
    • Open Floorplan
    • Smart Thermostat
    • Storage
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • Fencing Fenced
  • RoofShingle

Utilities

  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Baseboard, Propane
  • Sewer Private Sewer
  • Water Source Private

Property Information

  • Building Area Source Measured
  • Living Area 2,055
  • Lot Size Square Feet 16,553
  • Lot Size Units Acres
  • Square Feet2,055

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedWasher, Dryer, Range, Dishwasher, Microwave, Refrigerator
  • Green Energy Efficient Thermostat
  • Other AmenitiesBasement, Golf

Other

  • Date Listed11/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jim Black Group of Real Broker MA,LLC

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