
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
* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Southbridge, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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 Agent: Jason Saphire
Listing Office: www.HomeZu.com
MLS® Number: 73523752
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