Active
107 Days on market
33 Union St Southbridge — Photo 1 of 20

33 Union St Southbridge — Photo 1 of 20

$650,000

33 Union St, Southbridge, MA 01550

Southbridge, MA 01550

Beds

8

Baths

4

SqFt

2,592

Style

4 Family

Built

1900

Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses - taxes, trash, water/sewer, and common electric total under $12K annually - support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$251/sqft
Local Avg (Southbridge)$198/sqft
27% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Southbridge, MA.

Property Details

Financials

Original Price$650,000
Annual Taxes$4,462

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms12
FireplacesNone
FlooringVinyl, Hardwood, Other
BasementDirt Floor, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, See Remarks
RoofShingle, Other
FoundationStone, Other
ZoningR3

Property & Lot

Acres0.21
SqFt Lot9,148
Lot FeaturesOther

Neighborhood

Other

Geography

Population

17,928

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

57.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73523752

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