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$1,095,000
Total Beds: 9 Total Baths: 5
Total Units: 4 SQFT: 4851
LOT size: 0.50 Acres
49 South St
Northborough, MA 01532
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Property Description

Northboro town center 4-unit investment property located across the street from Assabet Park with splash pool & playground! Lots of rental options with this property - including 2 cold-storage rental opportunities in attached barn. New gas boilers in process of being installed. Utilities paid by tenants (gas/elec) - separately metered. Owner just renovated unit 2 (main floor 1BR). All units have upgraded kitchens & baths. Units 1-3-4 have laundry in the unit. Plentiful off street parking. Large flat side yard makes for enjoyable green space. Cash flow and value here are excellent!

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 91800
  • Gross Expenses: 13500
  • INSC: 4000
  • RFS: 1680
  • Net Operating Income: 86120

Utilities

  • Heat Zones: 4
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Utility Connections: Varies per Unit, Washer Hookup, for Electric Dryer, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1800
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73582252
  • Last Updated: 09/24/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Margo Otey, REMAX Executive Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2026-09-24 12:42:00