Active
76 Days on market
80 Dresser Hill Rd Southbridge — Photo 1 of 8

80 Dresser Hill Rd Southbridge — Photo 1 of 8

$499,000

80 Dresser Hill Rd, Southbridge, MA 01550

Southbridge, MA 01550

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Residential

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Rare opportunity to own approximately 38 acres of income-producing land in Southbridge with an established solar energy facility operated by AES Renewable Holdings. The property currently generates approximately $24,750 in annual lease income with approximately 18 years remaining on the existing ground lease, providing stable passive cash flow for investors.In addition to the current income stream, the property offers long-term ownership of the underlying land with future potential following the expiration of the lease. Conveniently located with excellent accessibility, this unique offering combines dependable income with long-term land value, making it an attractive addition to an investment portfolio.The solar facility is currently operational, and the lease transfers to the new owner at closing. Buyer to perform all due diligence regarding the lease, future use, zoning, environmental matters, and all property characteristics.

Property Details

Financials

Original Price$499,000
Annual Taxes$10,017

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
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BasementNone

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SewerOther

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ZoningM_

Property & Lot

Acres38
SqFt Lot1,655,280
Lot FeaturesOther

Geography

Population

17,928

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

Median Household Income

$66K

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

Renter-Occupied Homes

57.3%

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: Js & The City Team

Listing Office: Serhant

MLS® Number: 73553038

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