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INVESTMENT SNAPSHOT
About this property
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!
Property details
| Units | 4 |
| Living area | 2,592 sqft |
| Lot size | 9,148 sqft |
| Year built | 1900 |
| Price / sqft | $251 |
| County | Worcester |
| MLS # | 73523752 |
Taxes & financials
| Annual property tax | $4,462 |
| Tax year | 2025 |
| Assessed value | $392,900 |
| Zoning | R3 |
| Gross income (actual) | $40,200/yr |
| Net operating income (actual) | $39,717/yr |
| Total actual rent | $4,935/mo |
| Electric expense | $483/yr |
Building & lot
| Stories | 6 |
| Total rooms | 12 |
| Lot size | 0.21 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Dirt Floor, Unfinished |
| Foundation | Stone, Other |
| Roof | Shingle, Other |
| Construction | Frame, See Remarks |
| Flooring | Vinyl, Hardwood, Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Oven, Washer Hookup |
Location
More about investing in Southbridge →
Listing courtesy of www.HomeZu.com — Jason Saphire. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 33 Union St, Southbridge MA 01550 have?
It is a 4-unit multi-family property with 2,592 sqft of living area, built in 1900.
What is the price per unit?
At a list price of $650,000 across 4 units, that works out to roughly $162,500 per unit.
What are the property taxes on 33 Union St, Southbridge MA 01550?
Annual property taxes are $4,462 (2025), on an assessed value of $392,900.
What is the price per square foot?
At $650,000 for 2,592 sqft, that's about $251 per square foot.
Is there parking?
4 total parking spaces (off street).
Where is this property located?
33 Union St, Southbridge MA 01550 is in Southbridge, Worcester County, MA 01550.
