Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
2 Baths
2,055 sqft

$474,900

54 Grace Ln, Southbridge MA, 01550

Price per sqft$231.09
Built in1977
Property size2,055 sqft
Property typeMulti-family

Overview

Active

New

Listed Nov 5, 2026

Updated 42h ago

Fresh updates from the inside out give this Southbridge two-family a strong head start for its next owner! Beyond its refreshed appeal, the property offers excellent flexibility for investors looking to expand their portfolio or owner-occupants hoping to offset expenses with rental income. Both units are fully vacant and offer spacious, functional layouts, each featuring 2 bedrooms, 1 full bath, a living room, a kitchen, and a private deck for added outdoor space. The first-floor apartment features a newly updated kitchen showcasing new cabinetry and hardware, along with new wood-style vinyl flooring throughout. Upstairs, the second unit offers its own appeal with sparkling hardwood floors, new kitchen flooring, and a renovated bathroom featuring a brand-new tub and shower, and vanity. New plumbing fixtures carry throughout both apartments, including updated kitchen sinks and faucets. At the lower level, you'll find a partially finished basement that lends itself to recreation, shared gatherings, or additional storage, along with a dedicated laundry area. Outside, the improvements make just as strong an impression, from all-new windows, siding, and exterior doors to refreshed front and back decks. Fresh interior paint adds a crisp feel throughout, while a high-efficiency wall-hung propane boiler, installed in 2018, brings an important mechanical upgrade. Tucked away as the last home on a dead-end road, the setting offers a welcome sense of seclusion in a quiet neighborhood, complemented by a fenced-in backyard that creates a private outdoor retreat. Location adds another layer of rental appeal, placing residents near Southbridge's local shopping, grocery stores, restaurants, and everyday conveniences, with convenient access to Routes 131, 169, and 20 for commuting to Sturbridge, Charlton, and surrounding communities. With both units vacant and so many updates already completed, this is an opportunity to put your investment plans into motion. See the potential for yourself and make this versatile property your next move!

$3,160/mo

Est. mortgage payment based on a $474,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73599414

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Taxes
$5,157
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

This listing is provided by Jim Black Group with Real Broker MA, LLC

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 4:56 AM UTC, 11/6/2026

Powered by Luxury Presence