Active
2 Days on market
49 South St Northborough — Photo 1 of 25

49 South St Northborough — Photo 1 of 25

$1,095,000

49 South St, Northborough, MA 01532

Northborough, MA 01532

Investor Analysis

Beds

9

Baths

4.5

SqFt

4,851

Style

3 Family - 3 Units Up/Down

Built

1800

Northboro town center 4-unit investment property located across the street from Assabet Park with splash pool & playground! Lots of rental options with this property - including 2 cold-storage rental opportunities in attached barn. New gas boilers in process of being installed. Utilities paid by tenants (gas/elec) - separately metered. Owner just renovated unit 2 (main floor 1BR). All units have upgraded kitchens & baths. Units 1-3-4 have laundry in the unit. Plentiful off street parking. Large flat side yard makes for enjoyable green space. Cash flow and value here are excellent!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$226/sqft
Local Avg (Northborough)$339/sqft
33% BelowMarket Average

* Analysis is based on 15 actively listed and recently sold comparable properties strictly within Northborough, MA.

Property Details

Financials

Original Price$1,095,000
Annual Taxes$11,216

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms20
FireplacesNone
FlooringVinyl, Carpet, Varies, Laminate, Hardwood, Wood
BasementFull, Unfinished

Climate & Utilities

HeatingBaseboard, Hot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningGR

Property & Lot

Acres0.5
SqFt Lot21,954
Lot FeaturesSloped

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Population

15,750

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

Median Household Income

$153K

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

Renter-Occupied Homes

16.9%

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

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

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

Listing Provided By

Listing Agent: Margo Otey

Listing Office: REMAX Executive Realty

MLS® Number: 73582252

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