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$1,100,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Units
  • 16 Total Beds
  • 0.32 Acres
  • Updated 3 days ago
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This 10-unit mixed use deal located right in downtown Southbridge includes four well-maintained adjacent buildings. It includes 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. All units are currently occupied. The Property is situated upon a 0.32-acre parcel and features ample off-street parking for residential tenants. The majority of tenants are TAW and below market offering immediate upside. Tenants are responsible for a mix of gas & electric powered heat and separately metered electricity. The Landlord is just responsible for hot water at 48-52 Central. 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. Priced at an 8.4 cap rate.

Full Property Details for 48-62 Central St

General

  • Price: $1,100,000
  • Taxes: $16,082 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73559742
  • Updated: 8/5/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 16

Parking

  • Parking Features: Paved Drive, Off Street, Paved

Location

  • County: Worcester

Structural Information

  • Basement: Yes
  • Stories/Levels: 5
  • Square Feet: 11,714
  • Year Built: 1938

Lot Features

  • Lot Size (Acres): 0.32

Financial Considerations

  • Tax Amount: $16,082
  • Tax Year: 2026

Listed by Horvath & Tremblay, Ethan Lazar and Michael Bradley

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Listing agents

— 48-62 Central St —

  • Ethan Lazar

    Horvath & Tremblay

  • Michael Bradley

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 48-62 Central St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$1,100,000
1674.19%
MLS
11/25/2014
Sold
$62,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 48-62 Central St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,647
-7%
$317,000
-3%
2024
$4,979
6%
$326,300
10%
2023
$4,684
6%
$295,700
20%
2022
$4,418
4%
$246,800
13%
2021
$4,238
11%
$218,000
11%
2020
$3,826
7%
$196,400
14%
2018
$3,573
11%
$172,200
10%
2017
$3,209
8%
$156,000
6%
2016
$2,983
6%
$147,600
6%
2015
$2,826
-3%
$138,800
-6%
2014
$2,907
—
$148,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Horvath & Tremblay, Ethan Lazar and Michael Bradley

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48-62 Central Street, Southbridge, MA 01550 (MLS# 73559742) is a Multi-Family property with 10 units containing 16 bedrooms and 8 full bathrooms. 48-62 Central Street is currently listed for $1,100,000 and was received on August 05, 2026. Want to learn more about 48-62 Central Street? Do you have questions about finding other Multi-Family real estate for sale in Southbridge? You can browse all Southbridge real estate or contact a Coldwell Banker agent to request more information.

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