109 Morris Street

Southbridge, MA 01550

$626,500
Last Sold Price
9
Beds
7
Baths
4,130 Sq. Ft.
$152 / Sq. Ft.
4,130
Sq. Ft.
$152
per Sq. Ft.

Description

Back on market! Amazing Investment Opportunity. 7200 rent potential! 6-unit building with a previously rented 7th studio (never rented by this owner). Building has 3 units with 2 bedrooms, 3 units with 1 bedroom. Rents are currently under market rent. 7 Deeded Parking spots off street, laundry hook-up in the basement is currently not in use with the potential for coin-op units to be installed. All Utilities are electric, Gas hookups available but not in use.Back on market! Amazing Investment Opportunity. 7200 rent potential! 6-unit building with a previously rented 7th studio (never rented by this owner). Building has 3 units with 2 bedrooms, 3 units with 1 bedroom. Rents are currently under market rent. 7 Deeded Parking spots off street, laundry hook-up in the basement is currently not in use with the potential for coin-op units to be installed. All Utilities are electric, Gas hookups available but not in use.
  1. Listed by Stefan Nakollari • Property Investors & Advisors, LLC

Property Details for 109 Morris Street

Town
Southbridge
Area
MA-Southbridge
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7

Location

Listing Courtesy of Property Investors & Advisors, LLC, Stefan Nakollari

Sold By Byrnes Real Estate Group LLC, Christina Gauvin

Add your commute
LISTING UPDATED: 08/01/2023 06:38 PM

Property Details for 109 Morris Street

StatusSold
MLS #73086797
Days on Market41
Taxes$4,591 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1915
CountyWorcester County

Location

Listing Courtesy of Property Investors & Advisors, LLC, Stefan Nakollari

Sold By Byrnes Real Estate Group LLC, Christina Gauvin

Add your commute

Building Information for 109 Morris Street

Stories6Residences6Year Built1915Building Size-Lot Size0.13 AC / 5,560 SF

Payment Calculator

$3,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,419

Property Taxes

$383

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 109 Morris Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. ARM
  • Living Area: 4130.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement Features: Unfinished Basement
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 3978360
  • Assessments: $307,000
  • Book: 46072
  • Tax Year: 2022
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 6
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $19,200.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,089.00
  • GRE: $4,924
  • HTE: $0
  • NOI: $14,276.00
  • Operating Expense: $4,924.00
  • WSE: $1,835.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.5
  • Selling Broker Comp: 1
  • Other Agent Compensation: 1

Property History for 109 Morris Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 109 Morris Street

Taxable ValueLand$27,200Additions$279,800Total$307,000
Tax Record2023$4,863 ($405 / month)
Home Facts
Baths6Total Finished SqFt4,130 SqFtAbove Grade Finished SqFt4,130 SqFtUnfinished Basement SqFt632 SqFtStories3Lot Size5,508 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningR2CountyWORCESTERAPNSBRI M:0046 B:0038 L:00001

Schools near 109 Morris Street

This home is within Southbridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 6 to 12
Public - 1 to 5
Public - 2 to 5
Rating
School
Distance
Eastford Road
PublicPK to 1

Southbridge Academy
Public6 to 12

Charlton Street
Public1 to 5

West Street
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Investors & Advisors, LLC, Stefan Nakollari

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.