$1,050,000
573 Main Street
Southbridge, MA, 01550
7-unit multifamily investment opportunity featuring a mix of spacious 2- and 3-bedroom units across four levels, totaling over 7,700 sq ft of living area. Current rents are below market with two vacant units, providing immediate opportunity for lease-up and income growth. Property offers off-street parking, separate living layouts, and consistent rental demand in the area. Currently two vacant units, potentially being filled soon* Select units have been updated, and the building has been maintained over time. Tenants are responsible for their own utilities. Ideal for investors seeking in-place income with the ability to increase cash flow through rent optimization and stabilization. Financials reflect current rent roll only; buyer to perform due diligence.
Property Details
Price:
$1,050,000
MLS #:
73500796
Status:
Active
Beds:
21
Baths:
7
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Apr 13, 2026
Finished Sq Ft:
7,752
Total Sq Ft:
7,752
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1915
Units:
7
Schools
Interior
Above Grade Finished Area
7752
Bathrooms
7 Full Bathrooms
Levels
5
Exterior
Construction Materials
Frame, See Remarks
Green Energy Efficient
Other (See Remarks)
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved, Other
Parking Spots
6
Parking Total
6
Roof
Rubber, Other
Stories
5
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$9,442
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Southbridge as of May 05, 2026
27
Multi Family Listed
57
Avg DOM
19,595
Avg $ / SqFt
$562,033
Avg List Price
Community
- Address573 Main Street Southbridge MA
- CitySouthbridge
- CountyWorcester
- Zip Code01550
Subdivisions in Southbridge
Similar Listings Nearby
Property Summary
- 573 Main Street Southbridge MA is a Multi Family for sale in Southbridge, MA, 01550. It is listed for $1,050,000 To schedule a showing of MLS#73500796 at 573 Main Street in Southbridge, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of www.HomeZu.com. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
573 Main Street
Southbridge, MA