$1,700,000

320 Elm St, Southbridge, MA 01550

  • 22 beds |
  • 12 baths |
  • 9,570 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.67acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This turnkey 12-unit multi-family property features eleven 2-bedroom/1-bathroom units and one studio, all with electric heat and gas hot water included in the rent. The building has been well cared for, with updates during current ownership including a paved driveway with 24 parking spaces, a new efficient gas hot water heater, and a roof replacement approximately 4 years ago. Additional income is generated from coin-operated laundry in the basement. The property is 100% occupied with consistent rental income, and all tenants are tenants at will, offering flexibility for future rent adjustments or redevelopment. This presents a great opportunity for investors seeking a stable asset with long-term potential. Conveniently located near the Connecticut border with quick access to Routes 90, 20, 84, and 395, making it attractive to commuters and tenants alike.

Listing Status:
Pending
Date Added:
October 20, 2025 at 05:00AM
Listing Office:
Byrnes Real Estate Group LLC : 833-429-7637
Listing Agent:
Amber Foley : 774-200-3475
MLS ID:
73445695
  • General: Living RoomKitchen
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveOff StreetPaved
  • Roofing: ShingleRubber
  • General: Frame5Concrete Perimeter
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Worcester
  • Zoning: ORM:0054 B:0181 L:000013979860
  • Utilities: Other (See Remarks)
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network
  • Exclusions: Tenants Personal Belongings.

This listing courtesy of Amber Foley, Byrnes Real Estate Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

E

Eastford Road School

120 Eastford Rd, Southbridge, MA, 01550

Grades PK-1

0.21 miles away

S

Southbridge Middle School

132 Torrey Rd, Southbridge, MA, 01550

Grades 6-8

1.92 miles away

S

Southbridge High School

132 Torrey Rd, Southbridge, MA, 01550

Grades 9-12

1.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.