37 River Street, Southbridge, MA 01550
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$489,900
3 Unit
9 Beds
3 Baths
3099 SQFT
0.09 Acre

Property Description

Discover this 3-unit multifamily property offering a strong rental income and long-term growth potential. Featuring 9 bedrooms, 3 bathrooms, and 3 convenient off-street parking spaces, this property is an ideal addition to any investor’s portfolio.Two of the units have been recently updated and renovated, providing modern finishes and increased rental appeal. The third-floor unit is currently vacant and ready for immediate occupancy, while the other two units are tenant-occupied with lease agreements in place, ensuring steady cash flow from day one.Whether you're looking to live in one unit and rent the others or expand your rental property portfolio, this multifamily delivers both value and opportunity.Additional perks making this property desirable to occupants: 4 minutes to Harrington hospital9 minutes Southbridge High School3 minutes to West Street SchoolResidents may also attend Bay Path vocational High School.Open House Saturday 8/30 12:00PM - 1:30PM

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 39000
  • Net Operating Income: 23377

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73422582
  • Last Updated: 08/28/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/27/2025New$489,900$158MLSPIN

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Seller's Representative: McKenzie Belanger, Byrnes Real Estate Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-28 03:30:00

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