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)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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