135 Elm St Southbridge, MA 01550
Estimated payment $2,655/month
Total Views
6,542
5
Beds
4
Baths
2,689
Sq Ft
$149
Price per Sq Ft
Highlights
- Golf Course Community
- Deck
- Tennis Courts
- Medical Services
- Property is near public transit
- Home Office
About This Home
Attention investors! This multi-unit property offers incredible flexibility and long-term income potential. Currently configured as 4 separate units —perfect for maximizing rental income or multi-generational living for owner-occupants. Three units are vacant & ready for updates, giving you a head start on value-add improvements. Many big-ticket items have already been addressed, including a new roof installed in 2021 w/ a transferable 10-year warranty and newer porches. All utilities are individually metered, including a landlord electric panel. A 3-car garage adds extra income potential or storage space, and the sizable backyard paired w/ generous off-street parking makes it even more attractive to future tenants. Strong bones, flexible use, and upside potential, this property is ideal for the investor ready to unlock its full value. Don’t miss your chance to turn this opportunity into your next success story.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,279
Year Built
- Built in 1900
Lot Details
- 9,148 Sq Ft Lot
- Level Lot
- Cleared Lot
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 2,689 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room
- Home Office
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
- Block Basement Construction
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number M:0047 B:0086 L:00001,3978591
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Building Details
- Insurance Expense $3,154
- Water Sewer Expense $2,144
- Operating Expense $6,678
- Net Operating Income $6,822
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,279 | $360,100 | $34,200 | $325,900 |
| 2024 | $4,409 | $288,900 | $28,600 | $260,300 |
| 2023 | $4,128 | $260,600 | $28,600 | $232,000 |
| 2022 | $3,915 | $218,700 | $24,400 | $194,300 |
| 2021 | $3,933 | $202,300 | $24,400 | $177,900 |
| 2020 | $3,711 | $190,500 | $24,400 | $166,100 |
| 2018 | $3,573 | $172,200 | $51,300 | $120,900 |
| 2017 | $3,542 | $172,200 | $51,300 | $120,900 |
| 2016 | $3,480 | $172,200 | $51,300 | $120,900 |
| 2015 | $3,506 | $172,200 | $51,300 | $120,900 |
| 2014 | $3,382 | $172,200 | $51,300 | $120,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | For Sale | $399,900 | +196.2% | $149 / Sq Ft |
| 06/16/2021 06/16/21 | Sold | $135,000 | -15.6% | $50 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 04/25/2021 04/25/21 | For Sale | $159,900 | -- | $59 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $97,500 | -- | |
| Deed | $97,500 | -- | |
| Deed | $156,825 | -- | |
| Deed | $156,825 | -- | |
| Deed | $235,000 | -- | |
| Deed | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,000 | Purchase Money Mortgage | |
| Closed | $136,000 | Purchase Money Mortgage | |
| Closed | $84,000 | New Conventional | |
| Closed | $97,400 | Commercial | |
| Previous Owner | $15,000 | Commercial | |
| Previous Owner | $156,825 | Commercial |
Source: Public Records
Similar Homes in Southbridge, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396898
APN: SBRI-000047-000086-000001
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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