338 Main St, Southbridge, MA 01550

Local realty services provided by:ERA The Castelo Group
#1#2#3
338 Main St,Southbridge, MA 01550
$1,960,000
  • 14 Beds
  • 16 Baths
  • 9,216 sq. ft.
  • Multi-family
  • Active
Listed by:john snyder
Office:redfin corp.
MLS#:73406319
Source:MLSPIN

Price summary

  • Price:$1,960,000
  • Price per sq. ft.:$212.67

About this home

Motivated seller - all reasonable offers considered. Prime downtown mixed-use investment property with an 8% cap rate ideal for long term stability. Zoned CC in a designated Opportunity Zone with both capital gain & historic tax credits. Exceptionally maintained, including new roof & furnace. First floor includes two commercial spaces: a new 10-year convenience store lease & an available 539 SF vanilla box. 13 fully occupied market-rate residential units on floors 2 & 3 provide steady income. Adjacent to a free municipal parking lot. Walking distance to local amenities as well as the WRTA bus stop with free fare throughout the entire greater Worcester region! Southbridge supports a stable tenant base with ~18K residents & a median income of ~$34K. Located minutes from I90 & I84 with easy access to Boston & NYC. Don’t miss this exceptional opportunity!

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Home facts

  • Year built:1907
  • Listing Id #:73406319
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:16
  • Full bathrooms:13
  • Half bathrooms:3
  • Living area:9,216 sq. ft.

Heating and cooling

  • Heating:Central, Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1907
  • Building area:9,216 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,960,000
  • Price per sq. ft.:$212.67
  • Tax amount:$10,844 (2025)
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