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318 Main StSouthbridge, MA 01550

For Sale

$549,999

Smart Buyer Rebate - Ask

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 November 18, 2025

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Source: MLSPin #73427305

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouthbridge Town
  • Bedrooms26
  • Bathrooms5
  • Days on Prevu95
  • Taxes$6,077/year
  • Size20,000 sqft
  • Price per sqft$27

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/14/2025
Price Decreased
$549,999
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

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 26 bedrooms and 5 bathrooms in this multi-family home at 318 Main St.

What are the annual taxes for 318 Main St?

Annual taxes for this multi-family home are estimated at $6,077.

How does 318 Main St compare to other multi-family homes in Southbridge Town?

This multi-family home is listed 14% above the average price for multi-family homes in Southbridge Town and has been on the market for 58 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 20,000 sqft.

318 Main St is a 26-bedroom, 5-bath multi-family home for sale in Southbridge MA 01550. On Prevu for 95 days at $549,999. This includes a recent price decrease of $50,000. This residence features 20,000 square feet of living space, located in Southbridge Town. The median listing price for multi-family homes in this area is $369,900. Property amenities include parking. Explore more multi-family home listings in Massachusetts.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.