What is the estimated cap rate for 33 Union St, Southbridge, MA 01550?

Based on rent reported on the MLS listing, 33 Union St, Southbridge, MA 01550 (4 units) has an estimated 6.24% cap rate at its $650,000 list price, assuming $4,935/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 33 Union St, Southbridge, MA 01550?

The MLS listing reports about $4,935/month in total rent for a 4-unit multi-family in 01550. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

110 Days on market

33 Union St Southbridge — Photo 1 of 20

$650,000

Investment Analysis — 33 Union St

Southbridge, MA 01550

Based on rent reported on the MLS listing, a 4-unit multi-family in 01550 carries $4,935/mo in gross rent — about a 6.24% cap rate and $40,545/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,592

Style

4 Family

Built

1900

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!

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.

Financials

Original Price$650,000

Annual Taxes$4,462

Parking

Garage0

Off-Street4

Interior Specifications

Total Rooms12

FireplacesNone

FlooringVinyl, Hardwood, Other

BasementDirt Floor, Unfinished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame, See Remarks

RoofShingle, Other

FoundationStone, Other

ZoningR3

Property & Lot

Acres0.21

SqFt Lot9,148

Lot FeaturesOther

Neighborhood

Other

Geography

Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73523752