Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

320 Elm St

Southbridge, MA ID #73445695

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.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01550
  • Taxes: 13,292
  • Levels: 5
  • Acres: 0.67

Parking

  • Garage Capacity: 24
  • Parking: Paved Drive, Off Street, Paved
  • Parking Spaces: 24

Rooms/Dimensions

  • Total Units: 12
  • Total Floors: 5
  • Total Rooms: 36

Location

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320 Elm St, Southbridge, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Amber Foley of Byrnes Real Estate Group LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.