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David Shorey

shoreyrealestate@gmail.com +1(781) 962-4028

$ 474,900

Est. payment | -/mo

9 Beds

3 Baths

3,414 SqFt

Save

$ 474,900

Est. payment | -/mo

Save

9 Beds

3 Baths

3,414 SqFt

Open House

Sun Sep 13, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,414 sqft

Price per Sqft $139

MLS Listing ID 73572801

Bedrooms 9

Full Baths 3

Year Built 1900

Annual Tax Amount $5,990

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 3 Family

Property Description

Welcome to 56 Water Street in Southbridge—an excellent investment opportunity featuring a well-maintained three-family property with three bedrooms and one bathroom in each unit. Each approximately 1,150 sq. ft. unit offers a similar layout with a kitchen, living room, three bedrooms, bathroom, and an enclosed porch with upgraded oversized windows providing abundant natural light. The property also offers ample off-street parking and a detached two-bay garage. Centrally located with convenient access to schools, shopping, and the hospital, while benefiting from town services. Additionally, the basement includes a bonus approximately 650 sq. ft. studio apartment with a full bathroom, offering potential for additional living space or income. All three main units are currently fully rented and occupied, and the existing tenants have expressed a desire to continue their occupancy. This multifamily property features coin-operated laundry in a common area off the first-floor porch generating income-this revenue has been included in the pro forma.The basement studio and all property details, including use, zoning, permits, and square footage, should be independently verified by the buyer and buyer's agent.

Location

State MA

County Worcester

Area Westville

Zoning R2

Direction Main Street to South. South Street to Water.

Rooms

Basement Full, Partially Finished, Bulkhead, Concrete

Interior

Interior Features Storage, Living Room, Kitchen

Heating Baseboard, Natural Gas, Individual, Space Heater

Cooling Window Unit(s)

Flooring Wood, Vinyl, Varies, Laminate

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School

Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Roof Type Shingle

Total Parking Spaces 11

Garage Yes

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Southbridge

Middle Schools Southbridge

High Schools Southbridge

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Excelsior Realty

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(781) 962-4028

shoreyrealestate@gmail.com

90 Canal St, Boston, MA, United States

56 Water Street Southbridge, MA 01550