56 Water Street,Southbridge, MA 01550
Southbridge, MA 01550
Description
Welcome to 56 Water Street in Southbridge-an excellent investment opportunity featuring a well-maintained three-family property with three bedrooms and one bathroom in each unit. Each approximately 1,150 sq. ft. unit offers a similar layout with a kitchen, living room, three bedrooms, bathroom, and an enclosed porch with upgraded oversized windows providing abundant natural light. The property also offers ample off-street parking and a detached two-bay garage. Centrally located with convenient access to schools, shopping, and the hospital, while benefiting from town services. Additionally, the basement includes a bonus approximately 650 sq. ft. studio apartment with a full bathroom, offering potential for additional living space or income. All three main units are currently fully rented and occupied, and the existing tenants have expressed a desire to continue their occupancy. This multifamily property features coin-operated laundry in a common area off the first-floor porch generating income-this revenue has been included in the pro forma.The basement studio and all property details, including use, zoning, permits, and square footage, should be independently verified by the buyer and buyer's agent.
Details
| MLS # | 73572801 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 19 |
| Listing Provided By | Excelsior Realty | Robert Bissonnette |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,414 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.16 |
| Golf Course | Yes |
Interior
| Rooms Total | 15 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Baseboard, Natural Gas, Individual, Space Heater |
| Interior Features | Storage, Living Room, Kitchen |
| Window Features | Insulated Windows |
| Appliances | Range, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Vinyl, Varies, Laminate |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame, Stone |
| Foundation Details | Stone |
| Lot Features | Level |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Off Street |
Utilities
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
Taxes
| Tax Annual Amount | 5990 |
|---|---|
| Tax Assessed Value | 408600 |
| Tax Block | 0083 |
| Tax Lot | 00001 |
| Tax Year | 2025 |
| Tax Map Number | 0049 |
Location
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Worcester |
| City | Southbridge |
| Zip Code | 01550 |
| Area | Westville |
| School District | Southbridge |
| Elementary School | Southbridge |
| High School | Southbridge |
| Listing VS Median (in 01550) | |
Price: $474,900 low | high Med: $429,900 sqft: 3,414 low | high Med: 2,063 $ / sqft: $139 low | high Med: $222 On site: 19 low | high Med: 49.5 | |
Market Activity 01550
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Worcester |
| City | Southbridge |
| Zip Code | 01550 |
| Area | Westville |
| School District | Southbridge |
| Elementary School | Southbridge |
| High School | Southbridge |
| Listing VS Median (in 01550) | |
Price: $474,900 low | high Med: $429,900 sqft: 3,414 low | high Med: 2,063 $ / sqft: $139 low | high Med: $222 On site: 19 low | high Med: 49.5 | |
 | $399,00047 WestSouthbridge, MA 01550 |