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197 Everett St Southbridge. MA 01550

$1,200,000

Multi Family

18 Bedrooms

6 Bathrooms

6,390 sq ft

0 Parking Spots

0.1 Acres

Built in 1890

This remodeled Six- Family building offers solid rental income and a reliable rental history. Equipped with solar panels(Owned not leased), it's energy-efficient and cost-effective. Located less than 1/2 mile from downtown and just 15 minutes from the Amazon Distribution Center and Walmart, and Harrington Hospital. Prime investment opportunity with modern updates and strong tenant appeal. This property was gut renovated in 2017 with new kitchens and baths. Delead certificates available. Additional income from solar

This listing has been viewed 30 times in the past 49 days

Last Updated: November 6th, 2024 at 8:18am

General Information for 197 Everett St, Southbridge, Massachusetts 01550

Property TypeResidential Income

Property Sub TypeMulti Family

Price$1,200,000

Price per sqft$187.79

MLS #73302140

Handicap Access / FeaturesNo

List Date2024-10-15

Special Listing ConditionsNo

StateMassachusetts

Street NameEverett St

CitySouthbridge

Zip Code01550

CountyWorcester

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total6390

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress197 Everett St, Southbridge MA 01550

Zoning

Interior Features for 197 Everett St, Southbridge, Massachusetts 01550

* Approx. Living Area Total6,390 sq ft

Living Area Includes BasementNo

Bedrooms18

* # Fireplaces0

Bathrooms (Total)6

Full Baths6

* # Half Baths0

* # Rooms

Basement

Heating System

AppliancesNo

Electric

Living Area Disclosurebuyer and buyer agent to verify all info

Living Area Includes BasementNo

Door FeaturesNo

ElectricYes

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_13

MLSPIN_BEDRMS_23

MLSPIN_BEDRMS_3

MLSPIN_BEDRMS_4

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_4

MLSPIN_GRE$13,140

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_4

OffMarketDate

Exterior Features for 197 Everett St, Southbridge, Massachusetts 01550

* Approximate Lot Size0.1 acres

Covered Parking Spaces0

Lot FeaturesCorner Lot

* Parking Spaces0

* Sewer Utilities

* Water Utilities

* Year Built1890

Year Built Details

Year Built SourcePublic Records

Construction MaterialsFrame

Exterior Features

Foundation Area

Foundation MaterialsIrregular

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)4,356 Sqft

Disclosures for 197 Everett St, Southbridge, Massachusetts 01550

Buyer Agent Compensation

Contingency

FinancingNo

Disclosures

Documents AvailableNo

Exclusions

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintCertified Treated

Living Area Disclosurebuyer and buyer agent to verify all info

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 197 Everett St, Southbridge, Massachusetts 01550

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data SourceNo

Gross Income$122,403

Insurance Expense$5,022

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_4

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT11900

MLSPIN_RENT21900

MLSPIN_RENT3

MLSPIN_RENT4

MLSPIN_RFS$0

MLSPIN_RME$8,118

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$82,036

OperatingExpense$13,140

OriginalListPrice$1,200,000

RENT_FEE_INCLUDESNo

TOTAL_RENT11350

WaterSewerExpense$0

Lifestyle Information for 197 Everett St, Southbridge, Massachusetts 01550

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool FeaturesNo

Waterfront FeaturesNo

Location information for 197 Everett St, Southbridge, Massachusetts 01550

Elementary School

Middle School

High School

NumberOfUnitsTotal6

Marketing History for 197 Everett St, Southbridge, Massachusetts 01550

MLSPIN_MARKET_TIME_BROKER21

MLSPIN_MARKET_TIME_PROPERTY21

PurchaseContractDate

Agent Information for 197 Everett St, Southbridge, Massachusetts 01550

Agent MLS IDK8000195

Office MLS IDAN6259

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 7394.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Brian Allen

Property Investors & Advisors, LLC

Agent Phone

(508) 868-0927

Office Phone

(774) 413-0272

Text Agent Call Agent Call Office

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            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Active
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => 5+ Family
        )

[f_131] => Array
        (
            [field_id] => 131
            [type] => feature
            [name] => Swimming Pool
            [values] => Array
                (
                    [0] => No
                )

)

[f_140] => Array
        (
            [field_id] => 140
            [type] => feature
            [name] => Pet Policy
            [values] => Array
                (
                    [0] => No
                )

)

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W73° 57' 54'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 4' 9.2'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Property Investors & Advisors, LLC
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => K8000195
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3046] => Array
        (
            [field_id] => 3046
            [type] => feature
            [name] => ASSC_FEE_INCLUDES
            [values] => Array
                (
                    [0] => No
                )

)

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 187.79
            [unit_id] => 260
            [value] => $188
            [price_only] => $188
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 21
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 05/11/2024 12:18:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 197
        )

[f_3102] => Array
        (
            [field_id] => 3102
            [type] => feature
            [name] => Waterfront
            [values] => Array
                (
                    [0] => No
                )

)

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => N
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 82036
            [unit_id] => 260
            [value] => $82,036
            [price_only] => $82,036
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 1900
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 6
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1900
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => No
                )

)

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 11350
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3156] => Array
        (
            [field_id] => 3156
            [type] => text
            [name] => SQUARE_FEET_DISCLOSURES
            [value] => buyer and buyer agent to verify all info
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[f_3166] => Array
        (
            [field_id] => 3166
            [type] => feature
            [name] => RENT_FEE_INCLUDES
            [values] => Array
                (
                    [0] => No
                )

)

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 774-413-0272
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 508-868-0927
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 6390
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3190] => Array
        (
            [field_id] => 3190
            [type] => feature
            [name] => ConstructionMaterials
            [values] => Array
                (
                    [0] => Frame
                )

)

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 0
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 0
        )

[f_3195] => Array
        (
            [field_id] => 3195
            [type] => feature
            [name] => CurrentFinancing
            [values] => Array
                (
                    [0] => No
                )

)

[f_3196] => Array
        (
            [field_id] => 3196
            [type] => feature
            [name] => DocumentsAvailable
            [values] => Array
                (
                    [0] => No
                )

)

[f_3198] => Array
        (
            [field_id] => 3198
            [type] => feature
            [name] => DoorFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => No
                )

)

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Irregular
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 0
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 122403
            [unit_id] => 260
            [value] => $122,403
            [price_only] => $122,403
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 5022
            [unit_id] => 260
            [value] => $5,022
            [price_only] => $5,022
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 15/10/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Corner Lot
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 4,356 Sqft
            [raw] => 4356
            [unit_id] => 1
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 13140
            [unit_id] => 260
            [value] => $13,140
            [price_only] => $13,140
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1200000
            [unit_id] => 260
            [value] => $1,200,000
            [price_only] => $1,200,000
        )

[field_3234] => Array
        (
            [field_id] => 3234
            [type] => textarea
            [name] => PrivateOfficeRemarks
            [value] => Buyer and Buyer agent to verify all information.  
        )

[f_3238] => Array
        (
            [field_id] => 3238
            [type] => feature
            [name] => SpecialListingConditions
            [values] => Array
                (
                    [0] => No
                )

)

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 197 Everett St, Southbridge MA 01550
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Actual
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[f_3247] => Array
        (
            [field_id] => 3247
            [type] => feature
            [name] => BusinessType
            [values] => Array
                (
                    [0] => No
                )

)

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 15/10/2024 12:32:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 3
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 3
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 1
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 13140
            [unit_id] => 260
            [value] => $13,140
            [price_only] => $13,140
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Certified Treated
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 1
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN6259
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 21
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3284] => Array
        (
            [field_id] => 3284
            [type] => number
            [name] => MLSPIN_OH_FLAG
            [value] => 1
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 187.79
            [unit_id] => 260
            [value] => $188
            [price_only] => $188
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 8118
            [unit_id] => 260
            [value] => $8,118
            [price_only] => $8,118
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[f_3304] => Array
        (
            [field_id] => 3304
            [type] => feature
            [name] => AssociationAmenities
            [values] => Array
                (
                    [0] => No
                )

)

[f_3305] => Array
        (
            [field_id] => 3305
            [type] => feature
            [name] => TenantPays
            [values] => Array
                (
                    [0] => No
                )

)

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 1
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 1
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 0
        )

)

EXIT

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Active

197 Everett St Southbridge. MA 01550

$1,200,000

General Information for 197 Everett St, Southbridge, Massachusetts 01550

Interior Features for 197 Everett St, Southbridge, Massachusetts 01550

Exterior Features for 197 Everett St, Southbridge, Massachusetts 01550

Disclosures for 197 Everett St, Southbridge, Massachusetts 01550

Financial Information for 197 Everett St, Southbridge, Massachusetts 01550

Lifestyle Information for 197 Everett St, Southbridge, Massachusetts 01550

Location information for 197 Everett St, Southbridge, Massachusetts 01550

Marketing History for 197 Everett St, Southbridge, Massachusetts 01550

Agent Information for 197 Everett St, Southbridge, Massachusetts 01550

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Property Investors & Advisors, LLC