19 Union Street
19 Union Street, Southbridge, MA 01550
Six-unit multifamily building with renovated units and recent roof work.
Property overview
An industrial opportunity with real operating context.
19 Union Street is a six-unit multifamily property in Southbridge comprising one building with six two-bedroom apartments. Seller materials report full occupancy, renovations in four identified units, and recent work to the roof and common areas.
Unit count
6 units
Building count
1 building
Unit layout
Six 2-bedroom units
Occupancy
6 of 6 shown occupied
Hot water
Gas · tenant paid
Highlights from the package
Property details that matter.
01
Four identified units are presented as renovated.
02
Recent roof and common-area work is noted.
03
Parlor heat is noted in the source materials.
04
National Grid electric and gas utilities are listed.
Seller reported financials
Investment snapshot.
Public financial information from the supplied seller package. LGCY has not independently verified these figures.
Asking price
$1,080,000
Price per unit
$180,000 per unit
Gross rent / month
$8,700
Gross rent / year
$104,400
Occupied
100% (6 of 6)
Gross rent multiplier
10.34
Cap rate, listed expenses
8.6%*
Net after listed expenses
$92,477/yr
Rent upside
+$729/mo
Rent upside basis
To market per seller rent roll · $8,748/yr
Total monthly market
$9,429
Annual expenses
Seller reported rent roll
Seller rent roll and expense records dated 5/6/2026
| Unit | Layout | Current | Market | Lease end |
|---|---|---|---|---|
| 1L | 2/1 | $1,500 | $1,450 | 11/30/26 |
| 1R | 2/1 | $1,550 | $1,635 | 2/28/27 |
| 2L | 2/1 | $1,376 | $1,635 | At will |
| 2R | 2/1 | $1,575 | $1,575 | 10/31/26 |
| 3L | 2/1 | $1,200 | $1,635 | 11/30/26 |
| 3R | 2/1 | $1,499 | $1,499 | 3/5/27 |
Source notes and buyer verification
- *Before insurance, management, repairs, and vacancy.
- Confidential, off-market seller information deemed reliable but not guaranteed. Buyer to verify all figures.
Qualified buyer access
Request the 19 Union Street property package.
Send your details to open the original property package. LGCY will also follow up to understand your criteria and answer questions about the opportunity.