Move-in condition 2-unit home is ready for a new owner! This charming home sits on a hill amongst a row of other similar properties. First- and second-floor units each have two bedrooms. The property features a mix of newer laminate flooring and hardwood floors. The first floor is vacant and ready for occupancy. Home offers big-ticket updates such as vinyl siding & windows, good roof, circuit breakers, and newer energy-efficient heating systems. This could be the perfect mortgage helper for an owner occupant or investor. Why rent when you can own ?!
This home has been viewed 52 times
Last Updated: March 31st, 2025 at 4:18am
Gross Income: $18,000
Gross Expenses: $4,302
Net Income Calc: $13,698
CAP Rate: 3.81%
Annual Expenses for 493 Hamilton St, Southbridge MA 01550
Total Gross Expenses (Calculated)$4,302/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$4,302
Annual Income & Unit Breakdown for 493 Hamilton St, Southbridge MA 01550
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit0
HeatingYes
Rent Includes
Unit 2
Rental Income1500
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit0
HeatingYes
Rent Includes
General Information for 493 Hamilton St, Southbridge MA 01550
Listing ID73335636
Property TypeMulti Family
Price$359,900 ($223.26/SqFt)
Style
CitySouthbridge
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,612 SqFt
Approximate Lot Size (Acres)0.22 acres
Total Parking0
Garage Parking
Year Built1937
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesSloped
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 493 Hamilton St, Southbridge MA 01550
Disclosures for 493 Hamilton St, Southbridge MA 01550
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$18,000
Total Net Income By Broker$18,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 493 Hamilton St, Southbridge MA 01550
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Private School
Contact Information for 493 Hamilton St, Southbridge MA 01550
