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31 Hamilton St, Southbridge MA 01550

$675,000

Estimated $9,738.14/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $135,000

Total Rent: 60900/year

Estimated CAP Rate: 5.90%

6 Bedrooms

6 Full, 2 Half Baths

2 Parking Spots

0.13 acres

Attention investors !! TURN - KEY 5 unit mixed use property in Southbridge , MA. Building consists of two 1 bedroom apartments , 2 two bedroom apartments and large retail space on first floor. All the apartments have been updated. Commercial space has been renovated and is in great shape. Seller owns business on first floor and would like to do a 2-3year lease back. Business has been there for over 30 years. Great cap rate. Business not for sale it will remain open. Long term tenants in few apartments rents below market. Unit 2 can be delivered vacant .

This home has been viewed 20 times

Last Updated: March 18th, 2025 at 5:33am

Gross Income: $60,900

Gross Expenses: $21,064

Net Income Calc: $39,836

CAP Rate: 5.90%

Annual Expenses for 31 Hamilton St, Southbridge MA 01550

Total Gross Expenses (Calculated)$21,064/year

APOD AvailableYes

Heating$0

Electricity$0

Water$2,528

Gas$2,528

Insurance$7,652

Sewer$2,528

Trash Removal$3,000

Repair & Maintenance$2,305

Management$0

Miscellaneous$0

Real Estate Tax$5,579

Annual Income & Unit Breakdown for 31 Hamilton St, Southbridge MA 01550

Total Gross Income (Calculated)$60,900

Unit 1

Rental Income1550

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income925

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income1475

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income1125

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 31 Hamilton St, Southbridge MA 01550

Listing ID73345442

Property TypeMulti Family

Price$675,000 ($129.14/SqFt)

Style

CitySouthbridge

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total5,227 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningCC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Interior Features for 31 Hamilton St, Southbridge MA 01550

Disclosures for 31 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 SourceOwner, Other (see Remarks)

Total Gross Expenses By Broker$15,485

Total Gross Income By Broker$77,700

Total Net Income By Broker$77,700

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Location Information for 31 Hamilton St, Southbridge MA 01550

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Medical Facility, Laundromat, Public Transportation

Contact Information for 31 Hamilton St, Southbridge MA 01550

Agent

Name: Javier Velez

MLS ID: BB810725

Office ID: AN8146

National Association ID: 453014847

Phone: 774-230-3840

Address: 40 Fiske Hill Road

City: Sturbridge

State: MA

Zip: 01566

Office

Name: Javier Velez

MLS Office ID: AN8146

Phone: 774-230-3840

Payment Calculator

, Interest

Property Taxes $5,579

Principal & Interest 4159.14

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Javier Velez

Agent Phone

(774) 230-3840

Office Phone

(774) 230-3840

Text Agent Call Agent Call Office

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                (
                    [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] => 31
                )

[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] => Y
                )

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

[field_3115] => Array
                (
                    [field_id] => 3115
                    [type] => select
                    [name] => LEASE_3
                    [value] => Y
                )

[field_3116] => Array
                (
                    [field_id] => 3116
                    [type] => select
                    [name] => LEVELS
                    [value] => 11
                )

[field_3118] => Array
                (
                    [field_id] => 3118
                    [type] => price
                    [name] => NOI
                    [raw] => 77700
                    [unit_id] => 260
                    [value] => $77,700
                    [price_only] => $77,700
                )

[field_3119] => Array
                (
                    [field_id] => 3119
                    [type] => number
                    [name] => RENT1
                    [value] => 1550
                )

[field_3120] => Array
                (
                    [field_id] => 3120
                    [type] => number
                    [name] => NO_UNITS
                    [value] => 5
                )

[field_3121] => Array
                (
                    [field_id] => 3121
                    [type] => number
                    [name] => RENT2
                    [value] => 925
                )

[field_3122] => Array
                (
                    [field_id] => 3122
                    [type] => number
                    [name] => RENT3
                    [value] => 1475
                )

[field_3123] => Array
                (
                    [field_id] => 3123
                    [type] => number
                    [name] => RENT4
                    [value] => 1125
                )

[field_3126] => Array
                (
                    [field_id] => 3126
                    [type] => number
                    [name] => TOTAL_RENT
                    [value] => 5075
                )

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

[field_3164] => Array
                (
                    [field_id] => 3164
                    [type] => boolean
                    [name] => AvailableNow
                    [value] => 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] => 774-230-3840
                )

[field_3172] => Array
                (
                    [field_id] => 3172
                    [type] => text
                    [name] => Agent Phone
                    [value] => 774-230-3840
                )

[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] => 5227
                )

[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] => Shopping
                            [1] => Medical Facility
                            [2] => Laundromat
                            [3] => Public Transportation
                        )

)

[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] => Brick
                        )

)

[field_3192] => Array
                (
                    [field_id] => 3192
                    [type] => number
                    [name] => ParkingTotal
                    [value] => 2
                )

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

[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] => Owner
                            [1] => Other (see Remarks)
                        )

)

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

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

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 77700
                    [unit_id] => 260
                    [value] => $77,700
                    [price_only] => $77,700
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 7652
                    [unit_id] => 260
                    [value] => $7,652
                    [price_only] => $7,652
                )

[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] => 13/03/2025
                )

[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] => 5,579 Sqft
                    [raw] => 5579
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 15485
                    [unit_id] => 260
                    [value] => $15,485
                    [price_only] => $15,485
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 675000
                    [unit_id] => 260
                    [value] => $675,000
                    [price_only] => $675,000
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 31 Hamilton St, Southbridge MA 01550
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 2528
                    [unit_id] => 260
                    [value] => $2,528
                    [price_only] => $2,528
                )

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

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

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 14/03/2025 02:36:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 2
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 1
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 2
                )

[field_3256] => Array
                (
                    [field_id] => 3256
                    [type] => number
                    [name] => MLSPIN_BEDRMS_4
                    [value] => 1
                )

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

[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_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3264] => Array
                (
                    [field_id] => 3264
                    [type] => number
                    [name] => MLSPIN_F_BTHS_4
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 15485
                    [unit_id] => 260
                    [value] => $15,485
                    [price_only] => $15,485
                )

[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_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3270] => Array
                (
                    [field_id] => 3270
                    [type] => number
                    [name] => MLSPIN_H_BTHS_4
                    [value] => 0
                )

[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_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 1
                )

[field_3276] => Array
                (
                    [field_id] => 3276
                    [type] => number
                    [name] => MLSPIN_LEVELS_4
                    [value] => 1
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN8146
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 4
                )

[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] => 129.14
                    [unit_id] => 260
                    [value] => $129
                    [price_only] => $129
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 3000
                    [unit_id] => 260
                    [value] => $3,000
                    [price_only] => $3,000
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 2305
                    [unit_id] => 260
                    [value] => $2,305
                    [price_only] => $2,305
                )

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

[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] => 2
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 2
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 3
                )

[field_3310] => Array
                (
                    [field_id] => 3310
                    [type] => number
                    [name] => MLSPIN_FLRS_4
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 2
                )

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-13
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 5
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Up/down
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $5,579
    [total_gross_income] => 60900
    [total_gross_expense] => 21064
    [net_income_calc] => 39836
    [cap_rate] => 5.90%
    [apod_available] => Array
        (
            [0] => Yes
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $2,528
        )

[gas_expense] => Array
        (
            [0] => $2,528
        )

[insurance_expense] => Array
        (
            [0] => $7,652
        )

[sewer_expense] => Array
        (
            [0] => $2,528
        )

[trash_expense] => Array
        (
            [0] => $3,000
        )

[repair_maintenance_expense] => Array
        (
            [0] => $2,305
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 1550
        )

[unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_bedrooms] => 2
    [unit_1_bathrooms] => 1 Full
    [unit_1_floor] => 2
    [unit_1_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 925
        )

[unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_bedrooms] => 1
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 2
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1475
        )

[unit_3_lease] => Array
        (
            [0] => Y
        )

[unit_3_bedrooms] => 2
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 3
    [unit_3_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 1125
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 1
    [unit_4_bathrooms] => 1 Full
    [unit_4_floor] => 3
    [unit_4_levels] => 1
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Concrete Perimeter
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
            [0] => Owner
            [1] => Other (see Remarks)
        )

[operating_expense] => Array
        (
            [0] => $15,485
        )

[gross_income] => Array
        (
            [0] => $77,700
        )

[net_operating_income] => Array
        (
            [0] => $77,700
        )

[short_sale] => 
    [price_per_unit] => 135000
)

EXIT

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31 Hamilton St, Southbridge MA 01550

$675,000

Annual Expenses for 31 Hamilton St, Southbridge MA 01550

Annual Income & Unit Breakdown for 31 Hamilton St, Southbridge MA 01550

General Information for 31 Hamilton St, Southbridge MA 01550

Interior Features for 31 Hamilton St, Southbridge MA 01550

Disclosures for 31 Hamilton St, Southbridge MA 01550

Location Information for 31 Hamilton St, Southbridge MA 01550

Contact Information for 31 Hamilton St, Southbridge MA 01550

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