128 & 128 1/2 Elm St Southbridge MA 01550 MLS #73452427

128 & 128 1/2 Elm St
Southbridge, MA, 01550
$665,900
11 Beds
5 Baths
4,022 SqFt
0.12 Acres
$665,900
128 & 128 1/2 Elm St
Southbridge, MA, 01550
Opportunity knocks with this centrally located property consisting of two separate buildings. The front building consists of three units: one 1-bedroom unit, one 2-bedroom unit, and one townhouse style 2-bedroom unit. The rear building consists of two 3-bedroom units, each has laundry hookups inside the unit and ground level secured storage for convenience. Both buildings have large basements with concrete floors for additional storage as well as fully accessible attics. Four out of five units currently occupied by long term strong, reliable tenants, offering excellent cash flow from day one. Investors will appreciate the rental income, while an owner-occupant could live affordably with tenants off-setting majority of mortgage. Plenty off street parking and 420 sq foot detached garage. High income-producing, solid addition to any portfolio! Agent has ownership interest in the property. Multifamily portfolio for sale in Southbridge, see also: #73452418, #73452471, #73452451, #73452461.

Property Details

Price:
$665,900
MLS #:
73452427
Status:
Pending
Beds:
11
Baths:
5
Address:
128 & 128 1/2 Elm St
Type:
Multi Family
Subtype:
5-9 Family
City:
Southbridge
Listed Date:
Nov 6, 2025
State:
MA
Finished Sq Ft:
4,022
Total Sq Ft:
4,022
ZIP:
01550
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
5

Schools

Elementary School:
Eastford Road School
Middle School:
Southbridge Ms
High School:
Southbridge Hs

Interior

Appliances
Range, Refrigerator, Range Hood
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Wood, Vinyl, Carpet, Varies, Hardwood
Heating
Electric, Baseboard, Natural Gas
Laundry Features
Washer & Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Rain Gutters
Parking Features
Off Street
Parking Spots
8
Roof
Shingle, Slate, Rubber

Financial

Net Operating Income
$65,945
Tax Year
2025
Taxes
$7,246
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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128 & 128 1/2 Elm St
Southbridge, MA