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62 Central St
Southbridge, MA 01550
Multifamily Property For Sale · 10 Units

Investment Highlights

  • Access & Connectivity
  • Nearby Outdoor Recreation
  • Off-Street Parking & Amenities
  • Area Amenities & Demand Drivers
  • Separately Metered Utilities
  • Strong Rental Demographics & Demand

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 48-62 Central Street in Southbridge, MA (the “Property”). The two-story building contains 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. The Property is situated upon a 0.32-acre parcel and features twelve (12) off-street parking spaces. 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. The property benefits from convenient connectivity to key regional routes including Route 131 (Main Street) and Route 169, with close proximity to Interstate 90 (Massachusetts Turnpike) in nearby Sturbridge, providing efficient regional access throughout Central Massachusetts and into the broader New England region.

Property Facts

Price Per Unit $110,000
Sale Type Investment
Cap Rate 8.02%
No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 19,307 SF
No. Stories 2
Year Built 1939
Parking Ratio 0.62/1,000 SF
Opportunity Zone Yes
Zoning CC

Property Taxes

Property Taxes

Parcel Number
SBRI-000035-000008-000001
Land Assessment
$57,900
Improvements Assessment
$722,100
Total Assessment
$780,000
  • Listing ID: 41129176

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 62 Central St, Southbridge, MA 01550

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