
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
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Southbridge, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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 Agent: Jason Saphire
Listing Office: www.HomeZu.com
MLS® Number: 73563453
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