$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
Address:
573 Main Street
Type:
Multi Family
Subtype:
5-9 Family
City:
Southbridge
Listed Date:
Apr 13, 2026
State:
MA
Finished Sq Ft:
7,752
Total Sq Ft:
7,752
ZIP:
01550
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1915
Units:
7
Schools
Interior
Bathrooms
7 Full Bathrooms
Exterior
Construction Materials
Frame, See Remarks
Parking Features
Paved Drive, Off Street, Paved, Other
Parking Spots
6
Roof
Rubber, Other
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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573 Main Street
Southbridge, MA
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