$799,999
39 Elm St
Southbridge, MA, 01550
Presenting a prime investment opportunity in the heart of Southbridge, MA, located at 39 Elm St. This 20,000 square foot commercial building features 19 units with the opportunity for expansion, generating a current monthly rent roll of nearly $13,000, with a pro forma potential nearing $20,000. Key highlights include a diverse tenant mix, strong visibility, and ample on-site parking with 80 spaces. The property also offers significant redevelopment potential (buyers and buyers agent to do their own due diligence) . The surrounding area is experiencing growth, making this an ideal opportunity for both immediate cash flow and long-term strategic investment.With its combination of robust current income, substantial upside through redevelopment, and a prime location with high visibility, this property represents an unparalleled opportunity.
Property Details
Price:
$799,999
MLS #:
73301498
Status:
Pending
Beds:
0
Baths:
0
Address:
39 Elm St
Type:
Commercial
City:
Southbridge
Listed Date:
Oct 11, 2024
State:
MA
ZIP:
01550
Lot Size:
52,272 sqft / 1.20 acres (approx)
Year Built:
1958
Schools
Interior
Exterior
Parking Spots
80
Roof
Rubber, Slate
Financial
Tax Year
2024
Taxes
$15,378
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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Courtesy of Byrnes Real Estate Group LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
39 Elm St
Southbridge, MA
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