318 Main St, Southbridge, MA 01550
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$549,999
15 Unit
26 Beds
5 Baths
20000 SQFT
0.17 Acre

Property Description

Come check out this great investment opportunity to build out a 15 unit building in the heart of downtown Southbridge. Bring this great brick building back to life!! 2 storefront units on first floor with additional 13 residential rental units above and behind. This building is located in an opportunity zone as well as being registered as a historical building! Take advantage of the historical tax credits and bring your vision to this wonderful building and make it shine again! This is a great value to own in the downtown area of Southbridge which is currently undergoing a revitalization. Building is being sold "AS-IS". Building department has indicated that this is BP only and no zoning is required.

Property Details tap to expand

Building Information

  • Total Units: 15
  • Total Floors: 3
  • Total Bedrooms: 26
  • Total Full Baths: 3
  • Total Half Baths: 2

Financial

  • APOD Available: No
  • Gross Operating Income: 44496
  • Net Operating Income: 44496

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1867
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Irregular
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73427305
  • Last Updated: 11/18/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/18/2025Active$549,999$27MLSPIN
11/14/2025Price Change$549,999$27MLSPIN
09/12/2025Active$599,999$30MLSPIN
09/08/2025New$599,999$30MLSPIN
08/25/2025Expired$650,000$33MLSPIN
08/25/2025Expired$650,000$33MLSPIN
06/05/2025Active$650,000$33MLSPIN
06/05/2025Active$650,000$33MLSPIN
06/01/2025Price Change$650,000$33MLSPIN
06/01/2025Price Change$650,000$33MLSPIN
02/28/2025Active$699,000$35MLSPIN
02/28/2025Active$699,000$35MLSPIN
02/24/2025New$699,000$35MLSPIN
02/24/2025New$699,000$35MLSPIN
01/15/2025Expired$699,000$35MLSPIN
12/15/2024Expired$699,000$35MLSPIN
10/19/2024Active$699,000$35MLSPIN
10/19/2024Active$699,000$35MLSPIN
10/15/2024New$699,000$35MLSPIN
10/15/2024New$699,000$35MLSPIN

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Seller's Representative: Brian Allen, Property Investors & Advisors, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-18 03:05:00