Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Realty

Property view
Listing view 2
Listing view 3

54 Grace Ln, 
Southbridge, MA 01550

$474,900


4

Beds


2

Baths


2,055

Sq Ft


Multi-Family

Active

Listed by

Jim Black Group

, 

Richard Jenkins

Real Broker Ma, LLC.

508-365-3532

Last updated:

November 8, 2026, 12:29 PM

MLS#

73599414

Source:

MLSPIN

About This Home

54 Grace Ln

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!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1977

Price Summary

474,900

$231 per Sq. Ft.

MLS #:

73599414

Last Updated:

November 8, 2026, 12:29 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,055 Sq. Ft.


Structure

Structure

Building Area:

2,055 Sq. Ft.

Year Built:

1977


Lot

Lot Size (Sq. Ft):

16,553


Finances & Disclosures

Finances

Price:

$474,900

Price per Sq. Ft:

$231 per Sq. Ft.

Source:MLSPIN
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 its 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.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.