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This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48-62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town's central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

More Info

Basic Information

  • Gross Income $167,280
  • Lot Features Level, Other
  • Mls StatusNew
  • Rent Includes Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
  • Road Frontage DescriptionPaved

Location

  • Address48-62 Central Street
  • Building Number48-62
  • CountyWorcester
  • StateMA
  • StreetCentral Street
  • TownSouthbridge
  • Zip01550

Property Information

  • Building Area Source Public Records
  • Living Area 11,714
  • Lot Size Square Feet 13,939
  • Lot Size Units Acres
  • Square Feet11,714

Other

  • Date Listed08/05/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $1,097,000
  • Tax Year 2026
  • Taxes$16,082

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms16
  • Full Bath8

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials See Remarks
  • FoundationOther
  • Levels 5
  • Rooms32
  • Stories5
  • Units10
  • Year Built1938
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Other
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesBasement, Golf, Tennis

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces12

Basic Information

  • List Price$1,100,000
  • MLS Number73559742
  • Modification Date08/05/2026
  • Property SubType5+ Family - 5+ Units Side by Side

Property

  • Acreage0.32

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric Individually Metered
  • Electric Expense 1100
  • Heat SystemYes
  • Heating Natural Gas, Electric
  • Sewer Public Sewer
  • Water Source Public

Map Location

Listed by Ethan Lazar of Horvath & Tremblay

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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