7 Pearl Street, Southbridge MA 01550
Southbridge, MA 01550
$499,000
$474,999
Est. $2,908/month
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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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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.8%
Price Range
Property Timeline
Pending Sale
Aug 14, 2026
Offer accepted, sale pending
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/30/2026 | ↓ Price Reduced | $474,999 | $24,001 | - | From $499,000 to $474,999 (-4.8%) |
| 04/02/2025 | 🏠 Listed for Sale | $499,000 | - | - | Original listing |
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
Stories
2
Bedrooms
6
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Sump Pump, Concrete
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,669
Assessed Value
$240,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
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.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
489 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1940
Bedrooms
6
Full Bathrooms
2
Living Area
1,850 sq ft
Total Rooms
10
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,850 sq ft above grade
Display Options
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:
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
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
Aug 14, 2026 12:03 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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