Kim D'Elia - EXIT Real Estate Executives

223 Mechanic St, Southbridge, MA 01550

Multi-Family

$198,400
Price

5
Units
4,612
Approx. GLA
WOW! What a rare opportunity!!! Don't miss out on this large 5 unit mixed use building! This property has OUTSTANDING income producing potential. The rear of the first floor is complete with a large rental unit with eat in kitchen and 3 bedrooms. The front side of the building has the perfect commercial rental space! Its the ideal spot for a hair salon, flower shop or more!! Lots of foot traffic in the area make this a great location for a small business to boom!!! The second floor of the property boasts 2 rental units one unit containing 2 bedrooms and the other unit with 1 bedroom and the perfect office space ideal for working from home. The third floor is where you will find the last rental unit. This over sized unit contains 3 bedrooms and a bonus room which could easily be used as a fourth bedroom. This diamond in the rough truly is a must see!! Don't let this income producing property pass you by!!!!!!
Open House
No scheduled Open Houses
Highlights
Basement Features: Bulkhead, Unfinished Basement
List Price: $198,400
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 9
Baths: 4
Half Baths: 1
Units: 5
Year Built: 1915
Approx. GLA: 4,612
MLS#: 72808170
Interior
Basement: Yes
Rooms: 26
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.16
Lot Size: 7,032.00
Lot Description: Level
Foundation: Fieldstone
Parking Spaces: 4
Parking Features: Off-Street
Road Type: Public
Color: GREY
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: Yes
APOD Available: No
Assessed Price: $229,400
Taxes: $4,460
Tax Year: 2021
Book/Page: 52313/85
Beach
Beach: No
Additional
Amenities: Public Transportation, Shopping, Park, Public School
Exclusions: Buyer/buyers agent to verify any and all information contained in the listing.
Disclosure Declaration: No
Disclosure: Seller has never lived in the property. Buyer and buyers agent to verify property lines as they are unknown to listing agent. Buyer to obtain smoke/CO2 cert and any final readings. All offers subject to sellers addendum, P&S due within 48hrs of accepted offer.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 2 0 0 1 0 1 No 1
Unit 2 7 3 0 1 3 0 No 1
Unit 3 5 1 0 2 1 0 No 1
Unit 4 5 2 0 2 2 0 No 1
Units Extras
Unit 1
Cooling:  None  Heating:  Electric Baseboard  Interior:  Cable TV Available, Other (See Remarks) 
Unit 2
Cooling:  None  Heating:  Gas  Rooms:  Living Room, Kitchen, Mudroom 
Unit 3
Cooling:  None  Heating:  Gas  Rooms:  Living Room, Kitchen, Office/Den 
Unit 4
Cooling:  None  Heating:  Gas  Rooms:  Living Room, Kitchen 
The listing office is EXIT Real Estate Executives and the listing agent is Realty Delia Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. and it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
 
Kim D’Elia
Kim D’Elia
Broker, Short Sale Specialist
EXIT Real Estate Executives