165 Pleasant St., Southbridge, MA 01604
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$535,000
3 Unit
6 Beds
3 Baths
1240 SQFT
0.14 Acre

Property Description

Turnkey 3-unit investment opportunity in Southbridge! This well-maintained multifamily offers a mix of unit sizes: a 2-bed/1-bath basement unit (current tenant, lease through 11/30/2026, $1,499/mo), a vacant 1-bed/1-bath unit ready for immediate occupancy or owner-use ($1,600/mo market rent), and a 2-bed/1-bath unit (current tenant, lease through 5/31/2027, $1,550/mo). Total gross rent potential of approximately $4,649/month. Low operating expenses with 2025 actuals including taxes ($2,915), R&M ($665), and utilities. Ideal for an investor seeking immediate cash flow with upside from the vacant unit. Don't miss this opportunity to add a solid asset to your portfolio! Buyer to do due diligence.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Basement Features: Crawl, Mixed

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 92376
  • Gross Expenses: 4864
  • Electric Expenses: 686
  • Water/Sewer: 873
  • Repairs & Maintenance: 665
  • Miscellaneous Expense: 2640
  • Net Operating Income: 87512

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Other (See Remarks), Underground
  • Energy Features: Other (See Remarks), Varies per Unit
  • Utility Connections: for Electric Oven, for Gas Oven
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1860
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame, Other (See Remarks)
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73563453
  • Last Updated: 08/21/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/17/2026Active$535,000$431MLSPIN
08/13/2026New$535,000$431MLSPIN

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Seller's Representative: Jason Saphire, www.HomeZu.com
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 2026-08-21 03:30:00

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