Don't miss this rare chance to own a 5-unit property with the potential to convert the third floor into 1 or 2 additional units! This charming building features stunning original doors, elegant bannisters, and a beautiful wrap-around porch. Currently, 4 units are occupied, and a lease is signed for the 5th. The third floor is primed for renovation, offering a blank canvas for your vision. Enjoy strong rental income of $7,700 per month. Please refer to the attached income and expense details. Recent upgrades include a brand-new shingle roof (2024), a new furnace (2023), and Google Nest cameras installed for added security. All common areas have been freshly painted, enhancing the property's appeal. There’s also an opportunity to add coin-operated laundry in the basement, with existing washer/dryer hookups available.
This listing has been viewed 41 times in the past 75 days
Last Updated: October 16th, 2024 at 6:33am
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General Information for 78 Everett St, Southbridge, Massachusetts 01550
Property TypeResidential Income
Property Sub TypeMulti Family
Price$950,000
Price per sqft$216.11
MLS #73296506
Handicap Access / FeaturesNo
List Date2024-09-30
Special Listing ConditionsNo
StateMassachusetts
Street NameEverett St
CitySouthbridge
Zip Code01550
CountyWorcester
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4396
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress78 Everett St, Southbridge MA 01550
Zoning
Interior Features for 78 Everett St, Southbridge, Massachusetts 01550
* Approx. Living Area Total4,396 sq ft
Living Area Includes BasementNo
Bedrooms9
* # Fireplaces0
Bathrooms (Total)5
Full Baths5
* # Half Baths0
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_32
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$23,708
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 78 Everett St, Southbridge, Massachusetts 01550
* Approximate Lot Size0.33 acres
Covered Parking Spaces0
Lot FeaturesNo
* Parking Spaces3
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsNo
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter,Block
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)14,373 Sqft
Disclosures for 78 Everett St, Southbridge, Massachusetts 01550
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 78 Everett St, Southbridge, Massachusetts 01550
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$98,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11500
MLSPIN_RENT21300
MLSPIN_RENT31550
MLSPIN_RENT42500
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$68,692
OperatingExpense$23,708
OriginalListPrice$950,000
RENT_FEE_INCLUDESNo
TOTAL_RENT8200
WaterSewerExpense$0
Lifestyle Information for 78 Everett St, Southbridge, Massachusetts 01550
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 78 Everett St, Southbridge, Massachusetts 01550
Elementary School
Middle School
High School
NumberOfUnitsTotal5
Marketing History for 78 Everett St, Southbridge, Massachusetts 01550
MLSPIN_MARKET_TIME_BROKER15
MLSPIN_MARKET_TIME_PROPERTY15
PurchaseContractDate
Agent Information for 78 Everett St, Southbridge, Massachusetts 01550
Agent MLS IDCN250837
Office MLS IDAN2463
Buyer Agent MLS ID
Buyer Office MLS ID
Team Members
Payment Calculator
, Interest
Property Taxes $0
Principal & Interest 5853.6
HOA Dues $0
Exclusive Listing Agent
Chantal Lallier
Berkshire Hathaway Home Service New England Properties