47 Morris St, Southbridge MA 01550
Southbridge, MA 01550
$549,900
$539,900
Est. $3,284/month
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About this home
FULLY VACANT investment opportunity in Southbridge! This extensively renovated three-family property has undergone significant upgrades throughout, offering peace of mind for both investors and owner-occupants alike. Major improvements include a new roof, new windows, upgraded electrical service with new panels and meters, complete removal of cast-iron plumbing, and separation of gas and water services for each unit. Each apartment has been thoughtfully updated with new flooring, fresh paint, modern lighting, all-new kitchen plumbing, and completely updated bathroom plumbing. Additional improvements include new water lines, separate utility services, and all new hot water heaters.Safety and functionality have also been enhanced with the addition of exterior egress for the third-floor unit. With major mechanical, plumbing, electrical, and cosmetic updates completed, this property presents a rare opportunity to acquire a low-maintenance multifamily asset with strong rental potential.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
1.8%
Price Range
Property Timeline
Pending Sale
Jul 31, 2026
Offer accepted, sale pending
Price Reduced
Jul 15, 2026
$539,900
$10,000
(-1.82%)
From $549,900 to $539,900 (-1.8%)
Listed for Sale
Jun 6, 2026
$549,900
Original listing
Agent: We Close Deals Team
Office: Lamacchia Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/15/2026 | ↓ Price Reduced | $539,900 | $10,000 | - | From $549,900 to $539,900 (-1.8%) |
| 06/06/2026 | 🏠 Listed for Sale | $549,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,250 | $289,900 |
Financial Details
Annual Property Tax
$4,250
Tax Year 2025
Assessed Value
$289,900
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1890
Living Area
2,074 sq ft
Lot Size
0.14 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
12
Investment Metrics
Units
3
Unit 1 Rent
$1,750/mo · N
Unit 2 Rent
$1,750/mo · N
Unit 3 Rent
$1,750/mo
Total Monthly Rent
$5,250/mo
Gross Income
$63,000
Net Operating Income
$63,000
Cap Rate
11.67%
Interior
Heating
None
Cooling
None
Flooring
Wood, Vinyl
Appliances
None
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck, Deck - Wood
Parking
Features
Off Street
Total Spaces
4
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven
Financial
Annual Tax
$4,250
Assessed Value
$289,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Agent Owned.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
56 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sale Pending
Year Built
1890
Bedrooms
6
Full Bathrooms
3
Living Area
2,074 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,074 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck, Deck - Wood
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:
Wood, Vinyl
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Full, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block, Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony, Rain Gutters
Patio & Porch:
Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street
Nearby Schools
School information not available for this location.
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
$354
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
47 Morris St, Southbridge MA 01550
Southbridge, MA 01550
Listing Information
Listing Agent
We Close Deals Team
Listing Office
Lamacchia Realty, Inc.
Office Phone
508-832-5324
Agent MLS ID
TM358936
Office MLS ID
AN8507
Listing Data Updated
Sep 1, 2026 9:53 PM 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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