$595,000
PENDING $55K PRICE DROP

58 Main St Southbridge, MA 01550

Estimated payment $3,791/month

Total Views 10,301
12 Beds
3 Baths
4,626 Sq Ft
$129 Price per Sq Ft

Highlights

  • Medical Services
  • Balcony
  • Living Room
  • Property is near public transit
  • Porch
  • Storage

About This Home

Whether you are an investor or planning to owner-occupy, this is for you! This 3-family gem in the heart of Southbridge features three spacious 4-bedroom units, each offering large eat-in kitchens, beautiful pine floors, ample storage space, and convenient in-unit laundry hookups. Low-maintenance features and hassle-free addition to any portfolio or for an owner-occupant looking for some mortgage help. Tenants will love the off-street parking and functional layouts, while owners will appreciate the income potential and strong rental demand for multi-bedroom units. Whether you're expanding your portfolio or starting your real estate investment journey, this property delivers size, convenience, and value. Don't miss out!

Listing Agent

James Black

Real Broker MA, LLC Listed on: 05/15/2025

Real Broker MA, LLC

Co-Listing Agent

Kimberly Frasier

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Near Conservation Area
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 4,626 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Storage
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(none), unit 3(none)
  • Assessor Parcel Number M:0036 B:0028 L:00001,3978014

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $240
  • Insurance Expense $3,049
  • Water Sewer Expense $2,656
  • Operating Expense $12,199
  • Net Operating Income $61,421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Varies
  • Interior Amenities: Ceiling Fan(s), Storage, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Dirt Floor, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 4626
  • Living Area: 4626
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 128.62
  • PRICE PER Sq Ft: 128.62

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(None), Unit 3(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2656

Lot Info

  • Parcel Number: M:0036 B:0028 L:00001,3978014
  • Zoning: CC
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • PAGE: 86

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5955
  • Tax Book Number: 46005

Multi Family

  • Electric Expense: 240
  • Gross Income: 73620
  • Insurance Expense: 3049
  • Net Operating Income: 61421
  • Number Of Units Total: 3
  • Operating Expense: 12199
  • Total Actual Rent: 6135
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,955 $406,200 $26,000 $380,200
2024 $4,874 $319,400 $13,000 $306,400
2023 $4,519 $285,300 $13,000 $272,300
2022 $4,257 $237,800 $11,100 $226,700
2021 $4,236 $217,900 $11,100 $206,800
2020 $3,771 $203,700 $11,100 $192,600
2018 $3,092 $149,000 $16,100 $132,900
2017 $3,065 $149,000 $16,100 $132,900
2016 $2,781 $137,600 $16,100 $121,500
2015 $2,865 $140,700 $17,300 $123,400
2014 $2,763 $140,700 $17,300 $123,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $595,000 -6.6% $129 / Sq Ft
06/03/2025 06/03/25 Price Changed $636,900 -2.0% $138 / Sq Ft
05/15/2025 05/15/25 For Sale $649,900 -- $140 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $57,000 --
Deed $57,000 --
Foreclosure Deed $125,271 --
Foreclosure Deed $125,271 --
Deed $245,000 --
Deed $245,000 --
Deed $177,000 --
Deed $177,000 --
Deed $85,500 --
Deed $85,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 Stand Alone Refi Refinance Of Original Loan
Closed $182,000 New Conventional
Previous Owner $148,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $60,000 Commercial
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $49,000 No Value Available
Previous Owner $168,000 Purchase Money Mortgage
Source: Public Records

Similar Home in Southbridge, MA

  • 128 128 1 2 Elm St, Southbridge, MA 01550

    $674,900

    • 11 Beds
    • 5 Baths
    • 3,848 Sq Ft
    • 128 128 1 2 Elm St
    • Southbridge, MA

    Unique Multi-Family Investment Opportunity! This rare offering features two separate buildings on one lot, combining for a total of five units. The front building offers 3 units, while the rear building contains 2 additional units, providing flexible rental configurations with a mix of 1 to 3-bedroom layouts to attract a wide tenant base. Investors, you will appreciate the strong income

    James Black Real Broker MA, LLC

    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73375466

MLS Property Information Network (MLS PIN)

APN: SBRI-000036-000028-000001