Pine & Main Multifamily

  • Title

    Multifamily Property

  • City

    Southbridge, MA

  • Price

    $505,000

  • Cap Rate

    10.6%

  • Gross Leasable Area

    10,863 SF

  • No. Units

    10

  • Price/SF

    $46.48

  • Price/Unit

    $50,500

  • No. Stories

    3

  • Year Built

    1900

  • Lot Size

    .42 AC

Not found amenities.

Northeast Private Client Group is pleased to present the Pine and Main Apartments, located on 114 Pine Street and 538 Main Street, Southbridge, MA

The Pine and Main Apartments are composed of two buildings and a parking garage on adjacent parcels. 114 Pine Street has six (6) three-bedroom apartments and 538 Main is made of two (2) two-bedroom apartments and two (2) four-bedroom apartments. The income producing garage is located on the same parcel as 114 and backs up against Chester Street.

Southbridge is located in Worcester County, 20 miles southwest of Worcester and sits on the northern boarder of Connecticut. The city has a population of 16,911, of that, 56.8% are renters. Southbridge has a median household income of $48,762 and a median gross rent of $872 per month.

All interested and qualified parties will have to opportunity to further review and obtain additional information upon request.

Southbridge, Worcester County, MA