166 Mechanic St, Southbridge MA 01550
Southbridge, MA 01550
$780,000
Est. $4,770/month
About this home
This massive mixed-use property features 4 fully updated residential units, a prime fully updated commercial storefront, and a massive warehouse/workshop component. A true standout asset is the huge, paved parking lot roughly the size of a half football field perfect for commercial vehicles or tenant parking. As an added bonus, a section of the warehouse has been transformed into a climate-controlled, fully finished 2 rooms suite complete with a full kitchen, full bath, and its own mini-split system. Perfect for an owner-occupant or a luxury manager's office. The upper floors hold four highly rentable 2-bedroom apartments, plus a full top floor for extra storage rooms. Unbeatable location close to Rt 20, 169, and the Mass Pike!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 10, 2026
Active → Active Under Contract
Pending Sale
Jun 26, 2026
Offer accepted, sale pending
Showing Instructions Updated
Jun 20, 2026
New showing requirements
Property Type Updated
Jun 13, 2026
2 Family - 2 Units Up/Down → 4 Family - 4 Units Up/Down
Listed for Sale
Jun 12, 2026
$780,000
Original listing
Agent: Eduardo Franco
Office: Keller Williams Elite
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/10/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/20/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/13/2026 | 🔧 Property Type Updated | - | - | - | 2 Family - 2 Units Up/Down → 4 Family - 4 Units Up/Down |
| 06/12/2026 | 🏠 Listed for Sale | $780,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,510 | $601,700 |
Financial Details
Annual Property Tax
$7,510
Tax Year 2025
Assessed Value
$601,700
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
1900
Living Area
5,733 sq ft
Lot Size
0.28 acres
Bedrooms
8
Full Baths
4
Half Baths
2
Total Rooms
16
Investment Metrics
Units
5
Unit 1 Rent
$1,700/mo · N
Unit 2 Rent
$1,600/mo · N
Unit 3 Rent
$1,300/mo
Unit 4 Rent
$1,600/mo
Total Monthly Rent
$6,200/mo
Gross Income
$74,400
Net Operating Income
$74,400
Cap Rate
9.54%
Interior
Heating
Forced Air, Natural Gas
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Finished
Laundry
None
Features
Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
10
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,510
Assessed Value
$601,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyer To Verify Zoning/permitting For Official 5th-unit Use. Broker/agent Makes No Representation Or Warranties As To The Accuracy Of Property Details, Square Footage, Zoning, Or Permitting. Buyers Must Not Rely On Agent Interpretations And Are Advised To Conduct Their Own Due Diligence.
Exclusions
None Of The Current Business Is Included With The Sale
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
38 days
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,733 sq ft
Total Rooms
16
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,733 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:
Range, Refrigerator
Interior Features:
Kitchen, Living RM/Dining RM Combo
Windows:
Basement:
Full, Finished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
6
Cooling:
None
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street, Paved
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
0.6 mi
Grades PK-08
Viewpoint Christian Academy
1.6 mi
Grades K-12
D
Charlton Street School
0.3 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
Eastford Road School
1.0 mi
397 students
Moderate
Grades PK-01
C-
West Street School
1.3 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
1.1 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
0.8 mi
21 students
Diverse
Grades 06-12
C-
Southbridge High School
1.1 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
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$626
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
166 Mechanic St, Southbridge MA 01550
Southbridge, MA 01550
Listing Information
Listing Agent
Eduardo Franco
Listing Office
Keller Williams Elite
Office Phone
508-695-4545
Agent MLS ID
CN239505
Office MLS ID
AN4893
Listing Data Updated
Jul 22, 2026 3:30 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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