135-137 Elm St, Southbridge MA 01550
Southbridge, MA 01550
$450,000
Est. $2,915/month
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About this home
Fantastic opportunity to own a 3-4 family home featuring two 1-bedroom units, and two 2-bedroom units. Currently zoned as a 3-family plus commercial. Town is reviewing zoning as a 4-family residential. 3 of the 4 units needs rehab - investors, contractors. Lots of potential: Conveniently located in the downtown area of Southbridge, close to major routes, schools, shopping, and dining. New roof (2021), vinyl siding, 3-car garage, newer decks and generous off street parking. Delivered with only one unit occupied. This property is perfect for investors with flexibility of residential and/or street front commercial space.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 28, 2026
$450,000
Original listing
Agent: Joseph Cali
Office: Cali Realty Group, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/28/2026 | 🏠 Listed for Sale | $450,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,279 | $360,100 |
Financial Details
Annual Property Tax
$5,279
Tax Year 2026
Assessed Value
$360,100
Facts & Features
3 Car Garage
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
1900
Living Area
3,002 sq ft
Lot Size
0.21 acres
Stories
4
Bedrooms
6
Full Baths
4
Total Rooms
14
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
$950/mo · Y
Unit 3 Rent
— · N
Unit 4 Rent
— · N
Total Monthly Rent
$950/mo
Gross Income
$11,400
Net Operating Income
$11,400
Operating Expenses
$4,300
Water/Sewer Expense
$1,300
Cap Rate
2.53%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
3
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
7
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,279
Assessed Value
$360,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Currently Zones As 3 Family Plus Commercial. Owners Have Petitioned City To Zone As A 4 Family Residential.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Beige
Sq Ft Source
Other
Sq Ft Disclosures
Approximate. Buyer to verify
Documents
None
County
Worcester
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
3,002 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,002 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
3
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Southbridge School District local
F
School Safety
2024-25
6.0%
Above Average
6.0%
Suspensions
6.0%
In-School
0.5% above state avg
Elementary Schools
5 schools
Trinity Catholic Academy
0.7 mi
Grades PK-08
Viewpoint Christian Academy
2.3 mi
Grades K-12
Eastford Road School
0.3 mi
397 students
Moderate
Grades PK-01
D
Charlton Street School
1.0 mi
|
#782 of 824
|
Score: 30.2
Improved 50 spots from last year
-28 below state avg
288 students
Diverse
Rising School
Grades PK-05
C-
West Street School
1.0 mi
|
#724 of 824
|
Score: 34.0
Improved 18 spots from last year
-24.2 below state avg
323 students
Moderate
Grades 01-05
Middle Schools
1 school
C
Southbridge Middle School
1.7 mi
|
#282 of 352
|
Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students
Diverse
Grades 06-08
High Schools
2 schools
Southbridge Academy
0.4 mi
21 students
Diverse
Grades 06-12
C-
Southbridge High School
1.7 mi
|
#310 of 346
|
Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students
Moderate
12 sports
• 498 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$440
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
135-137 Elm St, Southbridge MA 01550
Southbridge, MA 01550
Listing Information
Listing Agent
Joseph Cali
Listing Office
Cali Realty Group, Inc.
Office Phone
508-259-9669
Agent MLS ID
CN221032
Office MLS ID
AN3993
Listing Data Updated
Aug 28, 2026 8:16 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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