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78 Pleasant St, Southbridge, MA 01550



Approx. GLA
This property consists of a large 3 bedroom apartment ($900 in rental income) and a well-established bar that has been a neighborhood fixture for years but offers incredible expansion potential. Approximately 2/3 of the 2,420 bar space is currently being used for storage. This area could be converted into 1 or two additional residential units. The far side of the storage space is presently a wall with no windows. This side boarders the Quinabaug River and would be a perfect space to add a river-view deck. (If desired, this area could be rented out as a separate business operation). Sale includes liquor license, inventory, furniture and fixtures. The seller is willing to find a tenant for the bar ($900 per mo. est. monthly rent), sell license and inventory to tenant ($25,000) and reduce selling price by the same amount, or finance to the seller this $25,000 with the seller responsible for finding a bar manager.
Open House
No scheduled Open Houses
List Price: $200,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 3
Baths: 1
Half Baths: 4
Units: 2
Year Built: 1900
Approx. GLA: 3,500
MLS#: 72350749
Basement: Yes
Rooms: 8
Lead Paint: Unknown
Total Floors: 2
Water: Yes
Acres: 0.28
Lot Size: 12,240.00
Lot Description: Corner
Foundation: Fieldstone
Waterfront: River
Parking Spaces: 15
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $156,000
Taxes: $3,237
Tax Year: 2018
Book/Page: 54142/100
Beach: No
Gross Income: $12,000
Total Rent: $900
Net Income: $12,000
Disclosure Declaration: No
Disclosure: First floor unit is currently a bar. Bedroom and bathrooms are estimates assuming that the bar is converted into residential unit. Possibly convertible into two units.
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 3 0 2 1 0 Yes 1 $900
Unit 2 6 3 0 1 1 4 No 1 $1,000
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The listing office is Coldwell Banker Residential Brokerage - Sturbridge and the listing agent is Lawrence Mandell. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/21/2018 11:35:00 AM.
Sophia Lengyel
Sophia Lengyel
Coldwell Banker Residential Brokerage

Coldwell Banker Residential Brokerage   Sophia Lengyel
Coldwell Banker Residential Brokerage
135 Main St. Rt 131 • Sturbridge, MA 01566 Map it
Direct: 508-344-4494 • Phone: 800-225-5947 
Cell: 508.344.4494 • Fax: 508-742-4117

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