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128 & 128 1/2 Elm StSouthbridge, MA 01550

For Sale

$674,900

Smart Buyer Rebate - Ask

Unique Multi-Family Investment Opportunity! This rare offering features two separate buildings on one lot, combining for a total of five units. The front building offers 3 units, while the rear building contains 2 additional units, providing flexible rental configurations with a mix of 1 to 3-bedroom layouts to attract a wide tenant base. Investors, you will appreciate the strong income generation currently & potential to increase cash flow, with one unit currently vacant and ready for new occupancy or owner-use. Vacant townhouse style apartment is ready for update & rent. Recent updates include water submetering, replacement windows and new sewer lines installed in 2021, offering peace of mind and reduced maintenance costs. Whether you're looking to expand your portfolio or enter the rental market with a high-demand property, this is an opportunity you don’t want to miss! **Do not walk on property without scheduled appointment**

Listed by Jim Black Group

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Real Broker MA, LLC

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774-314-9448

Listed by Kimberly Frasier

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Real Broker MA, LLC

Last updated September 16, 2025

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Source: MLSPin #73396897

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouthbridge Town
  • Bedrooms11
  • Bathrooms5
  • Days on Prevu120
  • Taxes$7,246/year
  • Size3,848 sqft
  • Price per sqft$175

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

08/08/2025
Status changed to Active
$674,900
07/28/2025
Status changed to In Contract
$674,900
06/26/2025
Listed by Real Broker MA, LLC
$674,900

Property Details for 128 & 128 1/2 Elm St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Shingle, Slate
  • Stories: 6
  • Stories Total: 6
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Exterior Features: Balcony/Deck, Rain Gutters, Garden

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,848
  • Building Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,227
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $75,600.00
  • Operating Expense: $9,655.00

Taxes

  • Parcel Number: M:0047 B:0099 L:00001
  • Tax Annual Amount: $7,246.00
  • Tax Assessed Value: $494,300.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Varies
  • Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen

Measurements

  • Living Area: 3,848
  • Living Area Source: Measured

Rooms

  • Basement: Full, Concrete, Unfinished
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 11
  • Rooms Total: 21

Other

General

  • Exclusions: Washers & Dryers On Site Are Tenant Owned.

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Off Street, Paved
  • Parking Total: 7

Utilities

Equipment

  • Electric: Circuit Breakers, Individually Metered
  • Heating: Electric, Hot Water, Natural Gas, Baseboard
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Water Source: Public, Individual Meter

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, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.