Southbridge, MA 01550,320 Elm St
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Southbridge, MA 01550,320 Elm St
Southbridge, MA 01550,320 Elm St
Southbridge, MA 01550,320 Elm St
Southbridge, MA 01550,320 Elm St

$1,520,000

Est. payment /mo

$1,700,000

10.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

320 Elm St Southbridge, MA 01550

22 Beds

12 Baths

9,570 SqFt

SOLD DATE : 01/12/2026

Key Details

Sold Price $1,520,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 9,570 sqft

Price per Sqft $158

MLS Listing ID 73445695

Sold Date 01/12/26

Bedrooms 22

Full Baths 12

Year Built 1960

Annual Tax Amount $13,292

Tax Year 2025

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

This turnkey 12-unit multi-family property features eleven 2-bedroom/1-bathroom units and one studio, all with electric heat and gas hot water included in the rent. The building has been well cared for, with updates during current ownership including a paved driveway with 24 parking spaces, a new efficient gas hot water heater, and a roof replacement approximately 4 years ago. Additional income is generated from coin-operated laundry in the basement. The property consists of 9 occupied units and 3 vacant units, providing existing rental income along with potential for future rent growth. Current tenants are tenants at will, allowing flexibility for rent adjustments or other long-term plans. This offering may appeal to investors seeking a stabilized asset with additional upside. The property is located near the Connecticut border with convenient access to Routes 90, 20, 84, and 395, supporting accessibility for tenants and commuters.

Location

State MA

County Worcester

Zoning OR

Direction Use GPS

Interior

Interior Features Living Room, Kitchen

Exterior

Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Private School, Public School

Waterfront Description Stream

Roof Type Shingle,Rubber

Total Parking Spaces 24

Garage No

Building

Lot Description Level

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Eastford Road School

Middle Schools Southbridge Middle

High Schools Southbridge High

Others

Senior Community false

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Listed by Byrnes Real Estate Group LLC
Bought with Tanner Payne • Apex Real Estate Group, LLC
Jayne Kramer

Jayne Kramer

Associate Broker | License ID: 9576945

+1(617) 266-6006

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