320 Elm St, Southbridge, MA 01550

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
320 Elm St,Southbridge, MA 01550
$1,700,000
  • 22 Beds
  • 12 Baths
  • 9,570 sq. ft.
  • Multi-family
  • Active
Listed by:amber foley
Office:byrnes real estate group llc
MLS#:73445695
Source:MLSPIN

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$177.64

About this home

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 is 100% occupied with consistent rental income, and all tenants are tenants at will, offering flexibility for future rent adjustments or redevelopment. This presents a great opportunity for investors seeking a stable asset with long-term potential. Conveniently located near the Connecticut border with quick access to Routes 90, 20, 84, and 395, making it attractive to commuters and tenants alike.

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Home facts

  • Year built:1960
  • Listing ID #:73445695
  • Updated:October 24, 2025 at 10:43 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:12
  • Full bathrooms:12
  • Living area:9,570 sq. ft.

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1960
  • Building area:9,570 sq. ft.
  • Lot area:0.67 Acres

Schools

  • High school:Southbridge High
  • Middle school:Southbridge Middle
  • Elementary school:Eastford Road School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$177.64
  • Tax amount:$13,292 (2025)
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