$1,100,000
48-62 Central Street
Southbridge, MA, 01550
This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.
Property Details
Price:
$1,100,000
MLS #:
73559742
Status:
Active
Beds:
16
Baths:
8
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Listed Date:
Aug 5, 2026
Finished Sq Ft:
11,714
Total Sq Ft:
11,714
Lot Size:
13,939 sqft / 0.32 acres (approx)
Year Built:
1938
Units:
10
Schools
Interior
Above Grade Finished Area
11714
Bathrooms
8 Full Bathrooms
Heating
Natural Gas, Electric
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other
Construction Materials
See Remarks
Lot Features
Level, Other
Open Parking Spaces
12
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
12
Parking Total
12
Roof
Shingle, Rubber
Stories
5
Financial
Tax Year
2026
Taxes
$16,082
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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Map
Current real estate data for Multi Family in Southbridge as of Aug 07, 2026
29
Multi Family Listed
75
Avg DOM
177
Avg $ / SqFt
$628,162
Avg List Price
Community
- Address48-62 Central Street Southbridge MA
- CitySouthbridge
- CountyWorcester
- Zip Code01550
Subdivisions in Southbridge
Similar Listings Nearby
Property Summary
- 48-62 Central Street Southbridge MA is a Multi Family for sale in Southbridge, MA, 01550. It is listed for $1,100,000 To schedule a showing of MLS#73559742 at 48-62 Central Street in Southbridge, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Horvath & Tremblay. 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.
48-62 Central Street
Southbridge, MA