For Sale: 2-Family Home in Southbridge, MA - $160,000
Don't miss this property with fantastic investment potential at 367 South Street, Southbridge, MA! This property is close to the many shops and restaurants in town, as well as town hall, library, post office, and medical facilities.
This property, built in 1900, features two units. Each unit has 2 bedrooms and 1 full bath, spacious rooms, and laundry hook-ups.
Unit 1 is the larger of the two units. Highlights include:
- updated kitchen packed with cabinets
- ceramic tile floors
- range, dishwasher, garbage disposal
- large closets in both bedrooms
- 3 additional rooms for flexible living space
- 4 wall air conditioner units
- access to basement
Unit 2, while smaller, features:
- eat-in kitchen with range
- separate entrance
- access to walk-up attic storage
This home is located on a corner lot with a level side yard and mature plantings. There is plenty of off-street parking in the 2-car garage and paved driveway. The electric service has been updated to provide separate electric service to each unit. The heating system is shared, with thermostat control in Unit 1.
Currently, Unit 2 is rented for $550 per month. Market rent for Unit 1 is estimated (but not guaranteed) to be around $700 per month. Rent the garage spaces for additional income.
This property represents a fine investment opportunity, whether you want to live in one unit and rent the other, or rent both units and the garage spaces. Be aware that this is a short sale, and 3rd party approval of buyers will be required. 367 South Street, Southbridge, MA, is being sold in as-is condition.
For a showing of this home, contact
Kathryn Acciari
at RE/MAX Professional Associates, (508) 982-0686.
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