318 Main St, Southbridge MA 01550

Southbridge, MA 01550
$599,999
Est. $3,193/month
26
Beds
4
Baths
20,000
Sq Ft
$30
Price/Sq Ft
0.17
Acres
1867
Year Built
5+ Family - 5+ Units Up/Down
Type
18
Days on Market
Active Listed Sep 26, 2025 • MLS# 73427305

About this home

Come check out this great investment opportunity to build out a 15 unit building in the heart of downtown Southbridge. Bring this great brick building back to life!! 2 storefront units on first floor with additional 13 residential rental units above and behind. This building is located in an opportunity zone as well as being registered as a historical building! Take advantage of the historical tax credits and bring your vision to this wonderful building and make it shine again! This is a great value to own in the downtown area of Southbridge which is currently undergoing a revitalization. Building is being sold "AS-IS". Building department has indicated that this is BP only and no zoning is required.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1867
Bedrooms
26
Full Bathrooms
3
Half Bathrooms
2
Living Area
20,000 sq ft
Total Rooms
56
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Irregular
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.17 acres
Lot Size
7,405 sq ft
Lot Size Area
0.1700
Lot Features
Other

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,077
Tax Year
2024
Tax Assessed Value
$398,200
Parcel Number
M:0035 B:0039 L:00001,3977868
Zoning
CC

Additional Details

Year Built Source
Public Records
Year Built Details
Under Construction
Disclosures
This is a development project projected 2 commercial spaces and 13 X 2 BR residential units, Buyer to apply for permits, GLA is estimated

Location

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Neighborhood

318 Main St, Southbridge MA 01550

Southbridge, MA 01550

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $506
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 8, 2025
$599,999
Original listing
Agent: Brian Allen Office: Property Investors & Advisors, LLC

Price & Status History

Date Event Price Change
Sep 8, 2025 New Listing Added $599,999

Market Statistics

Days on Market
18 days
Price per Sq Ft
$30

Tax History

Year Taxes Assessment
2024 $6,077 $398,200

Financial Details

Annual Property Tax
$6,077
Tax Year 2024
Assessed Value
$398,200

Listing Information

Listing Agent Brian Allen
Listing Office Property Investors & Advisors, LLC
Agent MLS ID K8000195
Office MLS ID AN6259

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