(617) 800 - 9008
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318 Main St, Southbridge MA 01550

Southbridge, MA 01550
$549,999
Est. $3,488/month
26
Beds
4
Baths
20,000
Sq Ft
$27
Price/Sq Ft
0.17
Acres
1867
Year Built
5+ Family - 5+ Units Up/Down
Type
91
Days on Market
Active Price Drop -$50,000 Listed Sep 8, 2025 • MLS# 73427305 Copied!

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.

Property Overview

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

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1867
Living Area 20,000 sq ft
Lot Size 0.17 acres
Bedrooms 26
Full Baths 3
Half Baths 2
Total Rooms 56

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,077
Assessed Value $398,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1867
Structure Type:
Exterior Materials:
Roof:
Foundation: Irregular
Stories: 3

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: Other
Road Surface:

Parking & Garage

Parking Features:

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

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 $506
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
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Cost $0/mo

Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Sep 8, 2025
$549,999
Original listing
Agent: Brian Allen Office: Property Investors & Advisors, LLC

Price & Status History

Date Event Price Change
Sep 8, 2025 New Listing Added $549,999 —

Market Statistics

Days on Market
91 days
Price per Sq Ft
$27
Total Price Drop
-$50,000

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
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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