
Listed by Worcester Multi
$549,988
Main St Southbridge Development project
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 20,000
Units 15
Price per SqFt $28
Year Built 1867
Year Renovated TBD
Buildings 1
Stories 3
Lot Size (SqFt) 7,405
Zoning cc
Investment Type Redevelopment
Building Permit only on approximately 20,000 SF of developable space on Main street
Marketing description
Come check out this great investment opportunity to build out a 15 unit building in the heart of downtown Southbridge. Bring this great brick building back to life!! 2 storefront units on first floor with additional 13 residential rental units above and behind. This building is located in an opportunity zone as well as being registered as a historical building! Take advantage of the historical tax credits and bring your vision to this wonderful building and make it shine again! This is a great value to own in the downtown area of Southbridge which is currently undergoing a revitalization. Building is being sold "AS-IS". Building department has indicated that this is BP only and no zoning is required.
Listing Contacts

Listed by Worcester Multi
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Address
Is there information that looks off?
