MA > Southbridge
Southbridge, MA 01550,338 Main St
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Southbridge, MA 01550,338 Main St,Video Tour
Southbridge, MA 01550,338 Main St
Southbridge, MA 01550,338 Main St
Southbridge, MA 01550,338 Main St
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Dan Meservey

Dan Meservey

+1(774) 364-3138
$ 1,960,000
Est. payment /mo
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338 Main St Southbridge, MA 01550

13 Beds

13 Baths

9,216 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 9,216 sqft

Price per Sqft $212

MLS Listing ID 73406319

Bedrooms 13

Full Baths 13

Year Built 1907

Annual Tax Amount $10,844

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Prime mixed-use investment property in downtown with an 8% cap rate ideal for investors seeking long term stability. Zoned Center Core (CC) The building has 13 residential units on floors 2 and 3, providing steady income. The first floor includes two commercial spaces: a new 10-year lease to a convenience store and another unit available for retail. Recent upgrades include a new furnace and roof to protect your investment. Southbridge, with ~18K residents and a median income of ~$60K, supports a stable tenant base. Located minutes from the Mass Turnpike and Route 84, it offers easy access to Worcester, Hartford, Boston, Springfield, and New York. Walking distance to City Hall, restaurants, Harrington Hospital, CVS, Cumberland Farms, churches, parks, the post office, fire station & library, as well as the WRTA bus stop, with free fare to amenities throughout greater Worcester! A free municipal parking lot behind the building adds convenience. Don't miss this turnkey opportunity!

Location

State MA

County Worcester

Zoning CC

Direction Rte. 20 East through Sturbridge to Southbridge.

Rooms

Basement Full

Interior

Heating Central, Natural Gas

Exterior

Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, Public School

View Y/N Yes

View City View(s)

Roof Type Rubber

Total Parking Spaces 50

Garage No

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=7EeZp37MjXj

Listed by Redfin Corp.
agent

Dan Meservey

Agent

+1(774) 364-3138

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