Active
27 Days on market
165 Pleasant St. Southbridge — Photo 1 of 20

165 Pleasant St. Southbridge — Photo 1 of 20

$535,000

165 Pleasant St., Southbridge, MA 01604

Southbridge, MA 01604

Beds

6

Baths

3

SqFt

1,240

Style

3 Family - 3 Units Up/Down

Built

1860

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$431/sqft
Local Avg (Southbridge)$203/sqft
112% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Southbridge, MA.

Property Details

Financials

Original Price$535,000
Annual Taxes$2,915

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementCrawl Space

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, See Remarks
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.14
SqFt Lot6,303
Lot FeaturesOther

Geography

Population

39,812

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Jason Saphire

Listing Office: www.HomeZu.com

MLS® Number: 73563453

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