About 56 Water Street
Welcome to 56 Water Street in Southbridge—an excellent investment opportunity featuring a well-maintained three-family property with three bedrooms and one bathroom in each unit. Each approximately 1,150 sq. ft. unit offers a similar layout with a kitchen, living room, three bedrooms, bathroom, and an enclosed porch with upgraded oversized windows providing abundant natural light. The property also offers ample off-street parking and a detached two-bay garage. Centrally located with convenient access to schools, shopping, and the hospital, while benefiting from town services. Additionally, the basement includes a bonus approximately 650 sq. ft. studio apartment with a full bathroom, offering potential for additional living space or income. All three main units are currently fully rented and occupied, and the existing tenants have expressed a desire to continue their occupancy. This multifamily property features coin-operated laundry in a common area off the first-floor porch generating income-this revenue has been included in the pro forma.The basement studio and all property details, including use, zoning, permits, and square footage, should be independently verified by the buyer and buyer’s agent.
Open Houses
| Sun, Sep 13th | 11:00 AM - 1:00 PM |
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Features of 56 Water Street
| MLS® # | 73572801 |
|---|---|
| Price | $474,900 |
| Bedrooms | 9 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,414 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 56 Water Street |
|---|---|
| Area | Westville |
| City | Southbridge |
| County | Worcester |
| State | MA |
| Zip Code | 01550-1724 |
Amenities
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Parking Spaces | 9 |
| Parking | Off Street |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage, Living Room, Kitchen |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Baseboard, Natural Gas, Individual, Space Heater |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Lot Description | Level |
| Windows | Insulated Windows |
| Roof | Shingle |
| Construction | Frame, Stone |
| Foundation | Stone |
School Information
| Elementary | Southbridge |
|---|---|
| Middle | Southbridge |
| High | Southbridge |
Additional Information
| Zoning | R2 |
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Listing Details
| Agent | Robert Bissonnette |
|---|---|
| Office | Excelsior Realty |