9-11,17-19 Summer St

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9-11,17-19 Summer St

Southbridge, MA 01550
Asking Price
$2.30M
Asset Type
Warehouse Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily property offered for sale at 9-11 and 17-19 Summer Street.
  • The total residential footprint consists of ten individual housing units.
  • Assets are located in the established Southbridge market of Massachusetts.
  • Purchase price for this multifamily acquisition is set at 2,300,000 dollars.
  • Site supports versatile operational use as a residential warehouse asset.

What's Special

This multifamily property is currently available for sale in Southbridge, Massachusetts, presenting a functional investment for buyers focused on residential portfolio expansion. The asset consists of ten distinct units positioned across 9-11 and 17-19 Summer Street. Situated within the Worcester County region, the property benefits from a stable local environment characterized by steady demand for workforce housing and long-term rental stability. Southbridge serves as a growing suburban market within the metro area, offering proximity to essential services and connectivity to regional transit corridors. Prospective investors may find this asset suitable for traditional residential leasing strategies or further value-add initiatives to enhance rental performance. The warehouse subtype designation indicates a versatile physical structure capable of supporting various operational needs. Its configuration allows for efficient management of multiple streams of income under a single ownership structure, making it a practical addition for those seeking to build or consolidate residential holdings in this segment of Massachusetts.

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

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