
2 Hill St Southbridge — Photo 1 of 15
$1,159,000
Investment Analysis — 2 Hill St
Southbridge, MA 01550
Based on rent reported on the MLS listing, a 8-unit multi-family in 01550 carries $11,150/mo in gross rent — about a 8.25% cap rate and $95,560/yr in estimated NOI at the $1,159,000 list price. Adjust every assumption in the calculator below.
Beds
16
Baths
8
SqFt
3,260
Style
5-9 Family
Built
1900
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.**
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Medical Facility • House of Worship • Public School
Geography
Listing Agent: Sergio Froes Oliveira
Listing Office: Settlers Realty Group, LLC
MLS® Number: 73576154