54 Grace Ln Southbridge MA 01550 | MLS #73599414

54 Grace Ln
Southbridge, MA, 01550
$474,900
4 Beds
2 Baths
2,055 SqFt
0.38 Acres
$474,900
54 Grace Ln
Southbridge, MA, 01550
MLS #73599414 image #0
Fresh updates from the inside out give this Southbridge two-family a strong head start for its next owner! Beyond its refreshed appeal, the property offers excellent flexibility for investors looking to expand their portfolio or owner-occupants hoping to offset expenses with rental income. Both units are fully vacant and offer spacious, functional layouts, each featuring 2 bedrooms, 1 full bath, a living room, a kitchen, and a private deck for added outdoor space. The first-floor apartment features a newly updated kitchen showcasing new cabinetry and hardware, along with new wood-style vinyl flooring throughout. Upstairs, the second unit offers its own appeal with sparkling hardwood floors, new kitchen flooring, and a renovated bathroom featuring a brand-new tub and shower, and vanity. New plumbing fixtures carry throughout both apartments, including updated kitchen sinks and faucets. At the lower level, you’ll find a partially finished basement that lends itself to recreation, shared gatherings, or additional storage, along with a dedicated laundry area. Outside, the improvements make just as strong an impression, from all-new windows, siding, and exterior doors to refreshed front and back decks. Fresh interior paint adds a crisp feel throughout, while a high-efficiency wall-hung propane boiler, installed in 2018, brings an important mechanical upgrade. Tucked away as the last home on a dead-end road, the setting offers a welcome sense of seclusion in a quiet neighborhood, complemented by a fenced-in backyard that creates a private outdoor retreat. Location adds another layer of rental appeal, placing residents near Southbridge’s local shopping, grocery stores, restaurants, and everyday conveniences, with convenient access to Routes 131, 169, and 20 for commuting to Sturbridge, Charlton, and surrounding communities. With both units vacant and so many updates already completed, this is an opportunity to put your investment plans into motion. See the potential for yourself and make this versatile property your next move!

Property Details

Price:
$474,900
MLS #:
73599414
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Listed Date:
Nov 5, 2026
Finished Sq Ft:
2,055
Total Sq Ft:
2,055
Lot Size:
16,553 sqft / 0.38 acres (approx)
Year Built:
1977
Units:
2
WoodedWest StreetSouthbridge MiddleSouthbridge High

Schools

Elementary School:
West Street
Middle School:
Southbridge Middle
High School:
Southbridge High

Interior

Above Grade Finished Area
1649
Appliances
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Below Grade Finished Area
406
Cooling
None
Flooring
Vinyl, Carpet, Hardwood
Heating
Baseboard, Propane
Interior Features
Laundry Room, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Ceiling Fan(s), Living Room, Kitchen
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Levels
2

Exterior

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School
Construction Materials
Frame
Covered Spaces
1
Exterior Features
Balcony/Deck, Rain Gutters
Fencing
Fenced
Garage Spaces
1
Green Energy Efficient
Thermostat
Lot Features
Wooded, Cleared, Gentle Sloping
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Stone/Gravel, Paved
Parking Spots
6
Parking Total
6
Patio And Porch Features
Deck – Wood
Roof
Shingle
Stories
2
Window Features
Insulated Windows

Financial

Tax Year
2025
Taxes
$5,157
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Marie Andrews

Marie Andrews

RealtorĀ®, 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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Map

Current real estate data for Multi Family in Southbridge as of Nov 08, 2026
28
Multi Family Listed
87
Avg DOM
165
Avg $ / SqFt
$606,068
Avg List Price

Community

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Property Summary

    54 Grace Ln Southbridge MA is a Multi Family for sale in Southbridge, MA, 01550. It is listed for $474,900 To schedule a showing of MLS#73599414 at 54 Grace Ln in Southbridge, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
54 Grace Ln
Southbridge, MA