Fantastic mixed-use two-unit property on 1 acre featuring a four bedroom, two full bath unit on the upper level. The unit features an open floor plan with a fireplaced living room, formal dining room, eat-in kitchen, and spacious bedrooms with an en-suite main bedroom. Numerous recent updates include: roof and windows, electric w/separate panels incl landlord, paved driveway, plumbing, and aesthetic updates throughout. The first floor is built out as a beauty salon (hair, nails, & tanning), but could be used for many business purposes including medical, home office, fitness, etc. The location is excellent for business visibility with a high daily traffic count and prominent signage. Included is a second parcel of land; buyer to do due diligence. Fully vacant, available for immediate occupancy. Don’t hesitate – schedule a showing today!
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Last Updated: March 22nd, 2025 at 7:33am
Gross Income: $60,000
Gross Expenses: $4,423
Net Income Calc: $55,577
CAP Rate: 10.11%
Annual Expenses for 338 Church St, Northbridge MA 01588
Total Gross Expenses (Calculated)$4,423/year
APOD AvailableYes
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$4,423
Annual Income & Unit Breakdown for 338 Church St, Northbridge MA 01588
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income2500
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income2500
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 338 Church St, Northbridge MA 01588
Listing ID73338769
Property TypeMulti Family / 2 Family
Price$549,900 ($182.45/SqFt)
Style
CityNorthbridge
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,014 SqFt
Approximate Lot Size (Acres)1 acres
Total Parking6
Garage Parking
Year Built1960
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area0
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningB-1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 338 Church St, Northbridge MA 01588
Disclosures for 338 Church St, Northbridge MA 01588
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area DisclosureRent is projected - $2,500 p unit.
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$60,000
Total Net Income By Broker$60,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 338 Church St, Northbridge MA 01588
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Medical Facility, Laundromat, Public Transportation, Stable(s), Private School
Contact Information for 338 Church St, Northbridge MA 01588
