48-62 Central Street, Southbridge, MA 01550

Local realty services provided by:ERA M. Connie Laplante Real Estate
48-62 Central Street,Southbridge, MA 01550
$1,100,000
  • 16 Beds
  • 8 Baths
  • 11,714 sq. ft.
  • Multi-family
  • Active
Listed by: ethan lazar
Office: horvath & tremblay
MLS#:73559742
Source:MLSPIN

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$93.9

About this home

This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes two (2) Commercial units, two (2) 3-Bedroom/1-Bathroom units, four (4) 2-Bedroom/1-Bathroom units, and two (2) Studio units with 11,714 square feet of gross living area in 19,307 square feet of gross area. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 48–62 Central Street is well-positioned in downtown Southbridge, offering strong access to the town’s central business district, local retail corridors, and surrounding residential neighborhoods. Priced at an 8.4 cap rate.

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Home facts

  • Year built:1938
  • Listing ID #:73559742
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:32
  • Basement Description:Unfinished
  • Living area:11,714 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1938
  • Building area:11,714 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$93.9
  • Tax amount:$16,082 (2026)

Parking

  • Total parking spaces:12
  • Parking description:Off Street, Paved, Paved Drive
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