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7 Pearl Street, Southbridge MA 01550

Southbridge, MA 01550
$499,000
$474,999
Est. $2,908/month
6
Beds
2
Baths
1,850
Sq Ft
$257
Price/Sq Ft
0.37
Acres
1940
Year Built
6
Parking
463
Days on Market
Active Price Drop -$24,001 Listed Apr 2, 2025 • MLS# 73353987 Copied! • Updated Jul 4, 2026

About this home

Unique Opportunity! This beautifully renovated 2-family home nestled on a peaceful dead-end street. Set on a spacious corner lot with a stunning river running along the property, this home offers the perfect blend of modern updates and serene natural surroundings. Plenty of growth potential with this property as well. This home sits on a lot that was previously subdivided, with the second structure removed. The lot remains buildable, offering excellent potential for new construction, expansion, or investment. Buyers should verify zoning and permitting with the town. Whether you’re an investor seeking a turnkey rental property or a homeowner looking for additional space, this home has it all. Note: Neighborhood is in a Flood Zone- flood insurance may be required.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.8%
Price Range

Property Timeline

Price Reduced
Jun 30, 2026
$474,999 $24,001 (-4.81%)
From $499,000 to $474,999 (-4.8%)
🏠
Listed for Sale
Apr 2, 2025
$499,000
Original listing
Agent: Walter Aldrich Office: Walter Aldrich Realty

Tax History

Year Taxes Assessment
2024 $3,669 $240,400

Financial Details

Annual Property Tax
$3,669
Tax Year 2024
Assessed Value
$240,400

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1940
Living Area 1,850 sq ft
Lot Size 0.37 acres
Bedrooms 6
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Sump Pump, Concrete
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,669
Assessed Value $240,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Lot Previously Had A Second Building. Town Has Confirmed The Lot Is Still Buildable. Buyer/ Buyers Agents To Perform Due Diligence With Town Regarding Approvals, Permits, And Zoning.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 448 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1940
Bedrooms
6
Full Bathrooms
2
Living Area
1,850 sq ft
Total Rooms
10
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Sump Pump, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials:
Roof:
Foundation: Block
Stories: 2

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: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
View: Yes
View Type: Scenic View(s)
Community Amenities:

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 $306
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

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.

Location

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Neighborhood

7 Pearl Street, Southbridge MA 01550

Southbridge, MA 01550

Listing Information

Listing Agent Walter Aldrich
Listing Office Walter Aldrich Realty
Office Phone 508-450-0620
Agent MLS ID BB810519
Office MLS ID AN6287
Listing Data Updated Jul 4, 2026 3:05 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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