$699,000
Pending
31 Days Online
5 Beds6 Baths4,352 SQFT
Pending

342-350 Providence Rd Northbridge, MA 01588

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyWorcester
  • Taxes$7,223
  • HOA/Condo/Coop Fees$0
  • Days on Site30 Days
  • MLS StatusPending
  • MLS ID Number73220267
  • Home Size Source Public Records
  • Year Built1974
  • Lot Size0.93 Acres
  • Full Baths3
  • Partial Baths3

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General Features

  • Construction Frame
  • Parking Paved DriveOff StreetPaved
  • Parking Spaces 12
  • Electric 220 VoltsCircuit Breakers
  • Basement FullPartially FinishedConcrete
  • Number of Stories 7
  • Acreage 0.93
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete Perimeter
  • Zoning R4
  • Buyer Agent Compensation 2
  • Facilitator Compensation 1
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Sewer Inspection Required for Sale
  • Garage 0
  • Parking Features Paved DriveOff StreetPaved
  • Electricity 220 VoltsCircuit Breakers

Interior Features

  • Flooring VinylCarpetHardwood
  • Fireplaces 0
  • Window Features Insulated Windows
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Spa No
  • Waterfront Property No
  • Exterior Rain Gutters
  • Lot Additional Land Avail.ClearedGentle Sloping
  • Patio And Porch PorchDeck
  • Lot Features Additional Land Avail.ClearedGentle Sloping

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsGolfLaundromatConservation AreaHouse of WorshipPublic SchoolWalk/Jog Trails
  • Senior Community No
  • MLS Area Linwood
  • Adult Care Community No

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Monthly Payment (Est.)

$3,803
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