238 Pleasant St, Southbridge MA 01550

Southbridge, MA 01550

$499,900

Est. $3,190/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7

Beds

3

Baths

3,582

Sq Ft

$140

Price/Sq Ft

0.31

Acres

1915

Year Built

5

Parking

3 Family

Type

New today

Time on Market

For Sale Listed Oct 20, 2026 • MLS# 73592823 Copied! • Updated Oct 20, 2026

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About this home

Fantastic opportunity to buy a fully rented three-family property in Southbridge! Conveniently located on a grassy corner lot, this property offers a desirable unit mix with a one-bedroom, one-bath unit on the first floor and spacious three-bedroom, one-bath units on the second and third floors. Since the current owners purchased the property, several updates have been completed, including exterior paint, updated windows, bathroom and improvements to the decks. The generously sized bedrooms and outdoor space add to the property's appeal, with plenty of room to enjoy the outdoors and decks offering additional space for relaxing. All units are currently occupied, with tenants on month-to-month agreements, providing flexibility for the next owner. Don't miss this opportunity to own a fully rented multi-family property with updates already completed!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠

Listed for Sale

Oct 20, 2026

$499,900

Original listing

Agent: Paul Hernandez Office: Five Stars Realty LLC

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
10/20/2026	🏠 Listed for Sale	$499,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,543	$378,100

Financial Details

Annual Property Tax

$5,543

Tax Year 2025

Assessed Value

$378,100

Facts & Features

Home Facts

Type Residential Income

Style 3 Family

Year Built 1915

Living Area 3,582 sq ft

Lot Size 0.31 acres

Stories 3

Bedrooms 7

Full Baths 3

Total Rooms 15

Investment Metrics

Units 3

Unit 1 Rent $1,150/mo · N

Unit 2 Rent $1,850/mo · N

Unit 3 Rent $1,850/mo · N

Total Monthly Rent $4,850/mo

Gross Income $58,200

Net Operating Income $58,050

Operating Expenses $150

Water/Sewer Expense $150

Cap Rate 11.61%

Interior

Heating Natural Gas

Cooling Window Unit(s)

Flooring None

Appliances None

Fireplace None

Basement Unfinished

Laundry None

Features Living Room, Kitchen, Dining Room

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features Paved Drive, Paved

Total Spaces 5

Utilities

Electric 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,543

Assessed Value $378,100

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint Unknown

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Worcester

Property Overview

Property Type

3 Family

Listing Type

For Sale

Year Built

1915

Bedrooms

7

Full Bathrooms

3

Living Area

3,582 sq ft

Total Rooms

15

Stories

3

Levels

3

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features: Living Room, Kitchen, Dining Room

Windows:

Basement: Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1915

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Concrete Perimeter

Stories: 3

Utilities & Systems

Heating: Natural Gas

Cooling: Window Unit(s)

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface: Paved

Parking & Garage

Total Parking Spaces: 5

Parking Features: Paved Drive, 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

E

Elementary Schools

5 schools

Trinity Catholic Academy

0.6 mi

Grades PK-08

Viewpoint Christian Academy

2.2 mi

Grades K-12

C-

West Street School

0.7 mi | #719 of 825 | Score: 34.5

Improved 23 spots from last year

-23.7 below state avg

324 students Moderate

Rising School

Grades 01-05

D

Charlton Street School

1.1 mi | #772 of 825 | Score: 30.9

Improved 60 spots from last year

-27.3 below state avg

259 students Diverse

Rising School

Grades PK-05

Eastford Road School

1.3 mi

368 students Diverse

Grades PK-01

M

Middle Schools

1 school

C

Southbridge Middle School

1.9 mi | #283 of 352 | Score: 33.2

Same rank as last year

-25 below state avg

398 students Diverse

Grades 06-08

H

High Schools

2 schools

Southbridge Academy

0.9 mi

22 students Diverse

Grades 06-12

D

Southbridge High School

1.9 mi | #316 of 346 | Score: 35.1

Improved 16 spots from last year

-23.1 below state avg

404 students Moderate

12 sports • 498 athletes

Early College Program College Ready Curriculum

Grades 09-12

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $462

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

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Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Location

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Neighborhood

238 Pleasant St, Southbridge MA 01550

Southbridge, MA 01550

Listing Information

Listing Agent Paul Hernandez

Listing Office Five Stars Realty LLC

Office Phone 860-560-1500

Agent MLS ID CN247710

Office MLS ID AN9569

Listing Data Updated Oct 20, 2026 11:21 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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