2 Hill St, Southbridge, MA 01550

$1,159,000
16
BD
8
BA
3,260
SqFt

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List Price
$1,159,000
Status
NEW
MLS#
73576154
Year Built
1900
Levels
4
Bedrooms
16
Bathrooms
8
Acres
0.29
Living Area
3,260

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.**

Additional Information

Taxes
$6,128
Lot Size
12,632
Interior Features
Living Room, Kitchen
Flooring
Wood
Heating
Baseboard, Natural Gas
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Refrigerator
Exterior
Frame
Garage Spaces
8
Parking Spaces
20

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sergio Froes Oliveira from Listing Office: Settlers Realty Group, LLC.

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