Under Agreement
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
MA
Worcester
Northbridge
Linwood
01588
342-350
Providence Rd
Please use GPS
W72° 21′ 47.2”
N42° 6′ 18.7”
342-350 Providence Rd, Northbridge MA 01588
342
School Information
Community Information
: Public Transportation, Shopping, Park, House Of Worship, Public School, Walk/jog Trails, Golf, Conservation Area, Laundromat
1
Additional Information
N
None
Systems and Appliances
2
: For Electric Range
: Circuit Breakers, 220 Volts
$3,267
: Inspection Required For Sale
Home owner association information
6
Zoning/Tax Information
$7,223
2023
R4
11
61392
$557,300
Building Information
$51,794
4,352 Sqft
Public Records
: Public
7
: Public
No
Paved
No
: Insulated Windows
No
Living Space
$19,306
Features
: Full, Concrete, Partially Finished
: Porch, Deck
: 12
: Paved Drive, Off Street, Paved
: Insulated Doors
: Rain Gutters
No
: Hardwood, Carpet, Vinyl
: Cleared, Gentle Sloping, Additional Land Avail.
: Shingle
Listing Agent/Office
NAI Glickman Kovago & Jacobs
James Glickman
AN2432
K9500526
342-350 Providence Rd, Northbridge MA 01588 – 5-9 Family For Sale
342-350 Providence Rd, Northbridge, Massachusetts 01588
5 Bedrooms
3 Full Bathrooms
4,352 Sqft
$699,000
Listing ID #73220267
Basic Details
Price : $699,000
Original List Price : $699,000
Property Type : 5-9 Family
Listing Type : For Sale
Buyer Agency Compensation : 2
Listing ID : 73220267
Listing Category : Multi-family
Listing Status : Under Contract
Listing Sub-Status : Under Agreement
Days on Market : 67
Bedrooms : 5
Total Bathrooms : 4.5
Full Bathrooms : 3
Half Bathrooms : 3
Total Rooms : 17
Living Area : 4,352 Sqft
Year Built : 1974
Lot Size : 40,436 Sqft
Lot Size (Acres) : 0.93
Neighborhood : Linwood
List Date : 04/04/2024 01:38 PM
PurchaseContractDate : 04/08/2024
Off Market Date : 04/22/2024
Last Status updated: : 04/22/2024 09:37 AM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent