62 Central St - Apartments FOR SALE


Southbridge, MA 01550
$1,100,000 USD
781-776-4002
62 Central St, Southbridge, MA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/8
null | 8.02% Cap Rate

62 Central St
Southbridge, MA 01550


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Nearby Outdoor Recreation
  • Separately Metered Utilities
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 48-62 Central Street in Southbridge, MA (the “Property”). The two-story building contains 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. The Property is situated upon a 0.32-acre parcel and features twelve (12) off-street parking spaces. 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. The property benefits from convenient connectivity to key regional routes including Route 131 (Main Street) and Route 169, with close proximity to Interstate 90 (Massachusetts Turnpike) in nearby Sturbridge, providing efficient regional access throughout Central Massachusetts and into the broader New England region.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$57 USD /SF

# OF UNITS

10

PRICE/UNIT

$110,000

CAP RATE

8.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CC

APN/PARCEL ID

SBRI-000035-000008-000001

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.