32–42 Worcester Street
32–42 Worcester Street, Southbridge, MA 01550
Twelve-unit multifamily portfolio across two Southbridge buildings.
Property overview
An industrial opportunity with real operating context.
32–42 Worcester Street is a two-building, 12-unit multifamily portfolio in Southbridge. Seller materials identify one-, two-, and three-bedroom apartments, all shown occupied at the time of preparation, with work reported to the driveway, roof, common areas, and most units.
Units
12 apartments
Buildings
2 buildings
Unit mix
6 three-bedroom · 4 two-bedroom · 2 one-bedroom
Occupancy
12 of 12 shown occupied
Recent work
Driveway, roof, common areas, selected units
Highlights from the package
Property details that matter.
01
Exterior building photography is included in the source package.
02
Multiple heating configurations are identified in seller materials.
03
National Grid electric and gas utilities are listed.
04
Request the package for complete property documentation.
Seller reported financials
Investment snapshot.
Public financial information from the supplied seller package. LGCY has not independently verified these figures.
Asking price
$2,100,000
Price per unit
$175,000 per unit
Gross rent / month
$20,005
Gross rent / year
$240,060
Occupied
100% (12 of 12)
Gross rent multiplier
8.75
Cap rate, listed expenses
9.5%*
Net after listed expenses
$200,457/yr
Total monthly market
$19,890
Annual expenses
Seller reported rent roll
Seller rent roll and expense records dated 5/6/2026
| Unit | Layout | Current | Market | Lease end |
|---|---|---|---|---|
| 32-B | 1/1 | $1,435 | $1,435 | 9/30/26 |
| 32-1 | 2/1 | $1,600 | $1,635 | 11/30/26 |
| 32-2 | 2/1 | $1,635 | $1,635 | 4/5/27 |
| 34-B | 1/1 | $1,400 | $1,400 | 6/30/26 |
| 34-1 | 2/1 | $1,650 | $1,650 | 1/31/27 |
| 34-2 | 2/1 | $1,635 | $1,635 | 6/30/26 |
| 38-1 | 3/1 | $1,400 | $1,950 | 11/30/26 |
| 38-2 | 3/1 | $1,750 | $1,750 | 12/4/26 |
| 38-3 | 3/1 | $1,800 | $1,800 | 12/31/26 |
| 42-1 | 3/1 | $1,850 | $1,950 | 2/28/27 |
| 42-2 | 3/1 | $2,000 | $1,750 | 11/30/26 |
| 42-3 | 3/1 | $1,850 | $1,300 | 2/28/26 |
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 32–42 Worcester 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.