48-62 Central Street, Southbridge, MA 01550

Southbridge
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
48-62 Central Street,Southbridge, MA 01550
$1,100,000
  • 16 Beds
  • 8 Baths
  • 11,714 sq. ft.
  • Multi-family
  • Active
Listed by: ethan lazar
Office: horvath & tremblay
MLS#:73559742
Source:MLSPIN

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$93.9

About this home

This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

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Home facts

  • Year built:1938
  • Listing ID #:73559742
  • Updated:August 14, 2026 at 11:19 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:32
  • Basement Description:Unfinished
  • Living area:11,714 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1938
  • Building area:11,714 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$93.9
  • Tax amount:$16,082 (2026)

Parking

  • Total parking spaces:12
  • Parking description:Off Street, Paved, Paved Drive
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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