HomeSouthbridge4 Family33 Union St, Southbridge MA 01550
33 Union St, Southbridge MA 01550 — photo 1 of 201 / 20
$650,000
33 Union St, Southbridge MA 01550
4 units · 8 bd · 4 ba · 2,592 sqft · $162,500/unit

SIGNAL SCORE

Condition & value28 / 100
Our read on condition & value vs. the local market, from the listing details — directional, not an appraisal.

About this property

Exceptional owner-occupied or investment opportunity in Southbridge- 4-unit multifamily! This well-maintained building features four 2-bed/1-bath units across two floors, with two units currently leased at strong market rents ($1,650 and $1,700/mo) and one unit vacant and ready for an owner-occupant or immediate lease-up. second vacant unit being filled. Proforma gross rents of $6,570/month reflect current market demand with minimal lease-up risk. Low known operating expenses - taxes, trash, water/sewer, and common electric total under $12K annually - support a compelling cap rate at full occupancy. Ideal for the savvy buyer looking to live in one unit while the others pay the mortgage, or a portfolio addition with strong cash flow upside. Easy to show!

Property details

Units4
Living area2,592 sqft
Lot size9,148 sqft
Year built1900
Price / sqft$251
CountyWorcester
MLS #73523752

Taxes & financials

Annual property tax$4,462
Tax year2025
Assessed value$392,900
ZoningR3
Gross income (actual)$40,200/yr
Net operating income (actual)$39,717/yr
Total actual rent$4,935/mo
Electric expense$483/yr

Building & lot

Stories6
Total rooms12
Lot size0.21 acres
Garage spaces0
Parking spaces4
ParkingOff Street
BasementDirt Floor, Unfinished
FoundationStone, Other
RoofShingle, Other
ConstructionFrame, See Remarks
FlooringVinyl, Hardwood, Other

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Oven, Washer Hookup

Location

More about Southbridge

Listing courtesy of www.HomeZu.com — Jason Saphire. Listing data © MLS PIN.

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 33 Union St, Southbridge MA 01550 have?

It is a 4-unit multi-family property with 2,592 sqft of living area, built in 1900.

What are the property taxes on 33 Union St, Southbridge MA 01550?

Annual property taxes are $4,462 (2025), on an assessed value of $392,900.

What is the price per square foot?

At $650,000 for 2,592 sqft, that's about $251 per square foot.

Is there parking?

4 total parking spaces (off street).

Where is this property located?

33 Union St, Southbridge MA 01550 is in Southbridge, Worcester County, MA 01550.

Similar homes