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338 Main St

Southbridge, MA 01550

13 beds
13 baths
9,216 sqft
5,663 sqft lot
$212 per sqft
1907 build
– on site

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!

Listing courtesy of MLSPIN / John Snyder / Redfin Corp.

Last checked: Checking… • Last updated Jul 18, 2025 •

MLS# 73406319 —

The Building

Year Built:

1907
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Brick
# of Units Total:

13
Roof:

Rubber
Foundation Details:

Brick/Mortar
Levels:

3
Stories:

3
Stories Total:

3
Basement:

Full
Building Area Total:

9216
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

28
Fireplace:

false

Room Dimensions

Living Area:

9216
Living Area Source:

Public Record

Location

Directions:

Rte. 20 East through Sturbridge to Southbridge.
Longitude:

-72.034525
Latitude:

42.075944

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Parcel Number:

M:0035 B:0036 L:00001,3977864
Zoning:

CC
Lot Size Units:

Acres
Lot Size Area:

0.13
Lot Size SqFt:

5663
Lot Size Acres:

0.13
View:

City View(s)
View:

true
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Book Number:

65227
Tax Annual Amount:

10844
Tax Assessed Value:

739700

Beds

Bedrooms Total:

13

Baths

Total Baths:

13
Total Baths:

13
Full Baths:

13

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true

Utilities

Electric:

220 Volts
Sewer:

Public Sewer
Water Source:

Public

The Community

Community Features:

Public Transportation
Spa:

false
Senior Community:

false

Parking

Parking Features:

Other
Parking Total:

50
Garage:

false

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/17/25 Jul 17, 2025	Listed / Active	MLSPIN	$1,960,000	113.0% (27.3% / YR)
5/28/21 May 28, 2021		MLSPIN	$920,000

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This multifamily located in Southbridge Town, MA 01550 is currently for sale for $1,960,000. 338 Main St is a 9,216 square foot multifamily with 13 beds and 13 baths that has been on Estately for 0 days.

Listing Courtesy of: MLSPIN and Redfin Corp..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.