2 Hill St, Southbridge, MA 01550
- $1,159,000
- 16
- BD
- 8
- BA
- 3,260
- SqFt
- List Price
- $1,159,000
- Status
- NEW
- MLS#
- 73576154
- Bedrooms
- 16
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 3,260
- Lot Size (Acres)
- 0.29
- Year Built
- 1900
Property Description
PORTFOLIO OPPORTUNITY – 2 HILL ST & 6 HILL ST, SOUTHBRIDGE ARE BEING SOLD TOGETHER AS A PACKAGE ONLY AND WILL NOT BE SOLD SEPARATELY.** Excellent opportunity to acquire two neighboring 4-family properties for a total of 8 residential units, each consisting of 2 bedrooms. Strong rental history with additional upside as rents continue to move toward market levels. Tenants pay their **own gas heat and electricity**, helping keep owner-paid utilities low. Both properties feature high-efficiency gas heating systems and separately metered electric.Additional income potential includes **garage bays rented separately** and **coin-operated laundry**. The properties offer excellent off-street parking and a large parking area. Convenient Southbridge location with a long-established rental history.All residential units are tenant occupied except for any vacancy specifically disclosed at the time of showing. **2 Hill Street and 6 Hill Street are being offered exclusively as one portfolio transaction. Seller will NOT consider selling either property individually.** Properties are being sold **AS-IS**. Tenants' personal belongings are not included in the sale. Buyer and buyer's agent to perform their own due diligence and independently verify all property information, rents, expenses, measurements, systems, and financial information.**SHOWINGS/OPEN HOUSES ONLY . OFFERS MUST INCLUDE BOTH PROPERTIES. PACKAGE SALE ONLY — NO EXCEPTIONS.**
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Additional Information
- Taxes
- $6,128
- Interior Features
- Living Room, Kitchen
- Parking Description
- Paved Drive, Off Street
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Sergio Froes Oliveira from Listing Office: Settlers Realty Group, LLC.
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