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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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2 Hill St , Southbridge, MA 01550
$1,159,000
Est. Payment: $2,575.56/mo
16 Bed
8 Bath
3260 Sqft
Status: Active | Days on site: 5
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AN5193 - CN224443
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House 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.**

Highlights

Listed by Sergio Froes Oliveira , 508-371-7469 Settlers Realty Group, LLC , 508-304-2739.

Property Type

Multi-Family

Lot/Acreage
0.29

Year Built

1900

County

Worcester

Listing ID

73576154

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Range, Refrigerator
Floor:Wood
Other:
  • Additional:Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:20
Zoning:R2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 20
Principal Interest
$2,576
Taxes
$511

Home Price

$1,159,000

Loan Details

30 yrs
%

Down Payment

20%
$231,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,575.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,575.56 $510.67 $0.00 $3,086.22
Yearly $30,906.67 $6,128.00 $0.00 $37,034.67
Total $927,200.00 $183,840.00 $0.00 $1,111,040.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Southbridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.