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.
Listed by Brian Allen
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Property Investors & Advisors, LLC
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508-868-0927
Last updated September 12, 2025
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Source: MLSPin #73427305
Listing Facts
TypeMulti-family
NeighborhoodSouthbridge Town
Bedrooms26
Bathrooms5
Days on Prevu46
Taxes$6,077/year
Size20,000 sqft
Price per sqft$30
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/08/2025
Listed by Property Investors & Advisors, LLC
$599,999
Property Details for 318 Main St
Exterior
Construction
Number Of Units Total: 15
Stories: 3
Stories Total: 3
Year Built: 1867
Year Built Details: Under Construction
Measurements
Building Area Total: 20,000
Building Area Units: Square Feet
Lot Features: Other
Lot Size Acres: 0.17
Lot Size Area: 0
Lot Size Square Feet: 7,405
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $44,496.00
Taxes
Parcel Number: M:0035 B:0039 L:00001,3977868
Tax Annual Amount: $6,077.00
Tax Assessed Value: $398,200.00
Tax Year: 2024
Interior
Measurements
Living Area: 20,000
Living Area Source: Other
Rooms
Bathrooms Full: 3
Bathrooms Half: 2
Bathrooms Total Integer: 5
Bedrooms Total: 26
Rooms Total: 56
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
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