Off Market
338 Main St, Southbridge, MA
Southbridge · MA 01550
- $1,960,000
- Price
- 14
- Beds
- 14.5
- Baths
- 9216
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1907
Units:
15 Units
Lot size:
5,663 Sq.Ft Lot
Price per square foot:
$213 / Sq.Ft
Parking:
50 Off Street Spaces
About this home
Prime downtown mixed-use investment property with an 8% cap rate ideal for investors seeking long term stability. Zoned Center Core in a designated Opportunity Zone offering both capital gain & historic tax credits. Exceptionally maintained, including a new roof and furnace. The first floor includes two commercial spaces: a new 10-year lease to a convenience store & an available 539 SF vanilla box with half bath. 13 fully occupied market-rate residential units on floors 2 & 3 provide steady income. Adjacent to a free municipal parking lot. Walking distance to CVS, Cumberland Farms, restaurants, Harrington Hospital, churches, parks, city hall, the post office, fire station & library, as well as the WRTA bus stop, with free fare to amenities through the entire greater Worcester region. Southbridge supports a stable tenant base with ~18K residents & a median income of ~$34K. Located minutes from I90 & I84, it offers easy access to Boston & NYC. Don?t miss this exceptional opportunity!
Neighborhood & Transit
338 Main St, Southbridge · MA 01550
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 471 days
- Listing Price:
- $1,960,000
- Price per Sq.Ft:
- $213
- Tax Assessment:
- $739,700 in 2025
- Taxes:
- $904 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 13
- Half Bathrooms
- 3
- Living Area
- 9,216 Sq.Ft
- Broker Disclosure about Living Area
- Measurements are approximate and need to be verified by the buyer.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 9216
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts
Exterior Features
- Lot Size
- 5,663 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 50 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- John Snyder
- Listing office
- Redfin Corp.
- MLS PIN #
- 73406319
- Disclosure
- Buyer and Buyer's Agent to verify all information and perform their own due diligence. All parking is owned by the Municipality.
- Disclosure
- Measurements are approximate and need to be verified by the buyer.