39 Elm St Southbridge, MA
$799,999
Acres 1.20
Description
Presenting a prime investment opportunity in the heart of Southbridge, MA, located at 39 Elm St. This 20,000 square foot commercial building features 19 units with the opportunity for expansion, generating a current monthly rent roll of nearly $13,000, with a pro forma potential nearing $20,000. Key highlights include a diverse tenant mix, strong visibility, and ample on-site parking with 80 spaces. The property also offers significant redevelopment potential (buyers and buyers agent to do their own due diligence) . The surrounding area is experiencing growth, making this an ideal opportunity for both immediate cash flow and long-term strategic investment.With its combination of robust current income, substantial upside through redevelopment, and a prime location with high visibility, this property represents an unparalleled opportunity.
Listed by Byrnes Real Estate Group LLC, Benjamin Carbone
Details
MLS 73301498
Status Pending
Price $799,999
DOM 65 days
Type Commercial
Lot Size 1.20 acres
Year Built 1958
Lot & Building Features
Tax Year 2024
Taxes Paid $15,378
Roof Rubber, Slate
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.