141 Elm Street, Southbridge MA 01550
Southbridge, MA 01550
$649,900
$624,900
Est. $3,932/month
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About this home
INVESTORS TAKE A LOOK AT THIS 5 UNIT APARTMENT BUILDING!! *RENTS ON 4 TAW UNITS TO BE INCREASED AS OF SEPTEMBER 1ST! Exterior is vinyl sided, has replacement windows in the units, off street parking for 6 to 7 vehicles & exterior porches for 4 of the units! There is one 1 bedroom & two 2 bedroom units on the first floor. The 2nd floor has 2 huge 2/3 bedroom units! Each unit is unique. There are some original cabinets, molding, & hardwood floors in the units. Each unit has refrigerator, range, & washer/dryer hook-ups. All tenants are TAW except for one Section 8 tenant. They are all long term and paying below market rents. Great potential for positive cash flow!! Tenants pay their own heat (gas), hot water, & electricity (100 amp). There is a landlord meter, as well. Please see attachments.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
3.8%
Price Range
Property Timeline
Price Reduced
Jul 14, 2026
$624,900
$25,000
(-3.85%)
From $649,900 to $624,900 (-3.9%)
Listed for Sale
Jun 18, 2026
$649,900
Original listing
Agent: Mary Jo Demick
Office: Aucoin Ryan Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/14/2026 | ↓ Price Reduced | $624,900 | $25,000 | - | From $649,900 to $624,900 (-3.9%) |
| 06/18/2026 | 🏠 Listed for Sale | $649,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,862 | $468,100 |
Financial Details
Annual Property Tax
$6,862
Tax Year 2025
Assessed Value
$468,100
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
4,144 sq ft
Lot Size
0.22 acres
Bedrooms
9
Full Baths
5
Total Rooms
21
Investment Metrics
Units
5
Unit 1 Rent
$1,050/mo · N
Unit 2 Rent
$1,125/mo · Y
Unit 3 Rent
$1,300/mo · N
Unit 4 Rent
$1,200/mo · N
Total Monthly Rent
$4,675/mo
Gross Income
$59,100
Net Operating Income
$59,100
Cap Rate
9.46%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Walk-out Access, Dirt Floor, Concrete
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
7
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,862
Assessed Value
$468,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
There Is A Walkway Easement On The Side Of The Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
32 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
5
Living Area
4,144 sq ft
Total Rooms
21
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,144 sq ft above grade
0 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
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:
Living Room, Kitchen
Windows:
Insulated Windows
Basement:
Full, Walk-Out Access, Dirt Floor, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone, Brick/Mortar
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Easements, Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Southbridge School District local
F
School Safety
2024-25
6.0%
Above Average
6.0%
Suspensions
6.0%
In-School
0.5% above state avg
Elementary Schools
5 schools
Trinity Catholic Academy
0.7 mi
Grades PK-08
Viewpoint Christian Academy
2.3 mi
Grades K-12
Eastford Road School
0.3 mi
397 students
Moderate
Grades PK-01
D
Charlton Street School
1.0 mi
|
#782 of 824
|
Score: 30.2
Improved 50 spots from last year
-28 below state avg
288 students
Diverse
Rising School
Grades PK-05
C-
West Street School
1.0 mi
|
#724 of 824
|
Score: 34.0
Improved 18 spots from last year
-24.2 below state avg
323 students
Moderate
Grades 01-05
Middle Schools
1 school
C
Southbridge Middle School
1.7 mi
|
#282 of 352
|
Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students
Diverse
Grades 06-08
High Schools
2 schools
Southbridge Academy
0.4 mi
21 students
Diverse
Grades 06-12
C-
Southbridge High School
1.7 mi
|
#310 of 346
|
Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students
Moderate
12 sports
• 498 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
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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
$572
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
141 Elm Street, Southbridge MA 01550
Southbridge, MA 01550
Listing Information
Listing Agent
Mary Jo Demick
Listing Office
Aucoin Ryan Realty
Office Phone
508-765-9155
Agent MLS ID
K8001699
Office MLS ID
K01012
Listing Data Updated
Jul 20, 2026 12:40 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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