Kim D'Elia - EXIT Real Estate Executives

223 Mechanic St, Southbridge, MA 01550

Commercial

$198,400
Price

1
Buildings
5+ Residential
Type of Comm.
7,032.00
Lot Size
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
Lot Size: 7,032.00
Acres: 0.16
List Price: $198,400
Type: Commercial
Type of Comm.: 5+ Residential
Status: Active
Stories: 3
Buildings: 1
Total Units: 5
Total Sq. Ft.: 4,612
Year Built: 1915
Approx. GLA: 4,612
MLS#: 72808247
 
 
Exterior
Acres: 0.16
Lot Size: 7,032.00
Parking Spaces: 4
Taxes
Short Sale Lender Approval: No
Lender Owned: Yes
21E On File: No
Assessed Building Value: $178,000
Assessed Land Value: $51,400
Exchange: No
Taxes: $4,460
Tax Year: 2021
Book/Page: 52313/85
Sublet: No
Total Assesed Value: $229,400
Zone Description: Legal Conforming
Features
Retail Sq. Ft.: 1,000
Retail Units: 1
Residential Sq. Ft.: 3,612
Residential Units: 4
 
 
Additional
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.
For Lease: No
Space Available: For Sale
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