$699,900
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342-350 Providence Rd Northbridge, MA 01588
5 Beds
4.5 Baths
4,352 SqFt
Key Details
Sold Price $699,900
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,352 sqft
Price per Sqft $160
MLS Listing ID 73220267
Sold Date 05/20/24
Bedrooms 5
Full Baths 3
Half Baths 3
Year Built 1974
Annual Tax Amount $7,223
Tax Year 2023
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type 5-9 Family
Property Description
Check out this value add/redevelopment opportunity with this mixed-use building located on Route 122 in Northbridge. This mixed-use building is fully occupied with 3 commercial spaces on the first floor and two 2-bedroom apartments on the second floor with plenty of parking. Current rents are below market. Approvals in hand to convert existing use to all apartments and double the size of the existing building to create a total of 8 2-bedroom units. Also has approval to hookup to town sewer. Sale to include a separate lot in the rear (0 Providence Road) for a total of 2.76 acres. Excellent location and high demand for apartments make this a great opportunity for an investor, developer or contractor.
Location
State MA
County Worcester
Area Linwood
Zoning R4
Direction Please use GPS
Rooms
Basement Full, Partially Finished, Concrete
Interior
Flooring Vinyl, Carpet, Hardwood
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, House of Worship, Public School
Utilities Available for Electric Range
Roof Type Shingle
Total Parking Spaces 12
Garage No
Building
Lot Description Additional Land Avail., Cleared, Gentle Sloping
Story 7
Foundation Concrete Perimeter
Sewer Inspection Required for Sale
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
Read Less
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Bought with THE LASH GROUP • Keller Williams Boston MetroWest