Backup offers
#73375466, Jim Black Group, Listing office: Real Broker MA, LLC
$1,960,000 List price
338 Main St Southbridge, MA 01550
13 beds
13 full
9,216 sqft
0.1 acres
$213 / sqft
Multi-Family
Property details
About 338 Main St
Prime mixed-use investment property in downtown with an 8% cap rate ideal for investors seeking long term stability. Zoned Center Core (CC) The building has 13 residential units on floors 2 and 3, providing steady income. The first floor includes two commercial spaces: a new 10-year lease to a convenience store and another unit available for retail. Recent upgrades include a new furnace and roof to protect your investment. Southbridge, with ~18K residents and a median income of ~$60K, supports a stable tenant base. Located minutes from the Mass Turnpike and Route 84, it offers easy access to Worcester, Hartford, Boston, Springfield, and New York. Walking distance to City Hall, restaurants, Harrington Hospital, CVS, Cumberland Farms, churches, parks, the post office, fire station & library, as well as the WRTA bus stop, with free fare to amenities throughout greater Worcester! A free municipal parking lot behind the building adds convenience. Don’t miss this turnkey opportunity!
Highlights
Home typeMulti Family
HeatingCentral, Natural Gas
StatusActive
(New)
(New)
Size9,216 sqft
BasementYes
Lot size0.13 Acres
Year built1907
ParkingOther
MLS #73406319
ViewCity
Summary
- Full Bathrooms: 13
- Basement: Yes
- Total Bedroom Count: 13
- Parking: Other
- View: City
- Heating: Central, Natural Gas
- List Price: $1,960,000
- Price/SqFt: $212
- Annual Tax Amount: $6,560
- Tax Year: 2024
- Directions: Rte. 20 East through Sturbridge to Southbridge.
- Year Built: 1907
- Stories: 3
- Living Area: 9,216 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 73406319
- MLS Name: MLS Property Information Network
- Office Name: Redfin Corp.
- Office Phone: (617) 340-7803
- Listing Agent: John Snyder
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 24, 2021 | Home Sold | $920,000 |
| Aug 21, 2018 | Home Sold | $975,000 |
| Oct 31, 2006 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $429,900 | $6,560 |
| 2023 | $388,900 | $6,160 |
| 2022 | $357,300 | $6,396 |
| 2021 | $357,300 | $6,946 |
| 2020 | $357,300 | $6,960 |
| 2018 | $327,600 | $6,798 |
| 2017 | $327,600 | $6,739 |
History based on county public records data.
Nearby schools
2
Charlton Street School
Public District 2-5
0.7 mi
•220 Charlton St
1
West Street School
Public District 2-5
0.8 mi
•156 West St
5
Old Sturbridge Academy Charter Public School
Public Charter KG-6
4.1 mi
•1 Old Sturbridge Village Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,754. Residents of Southbridge, MA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
38%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
26%
Single, with Kids
9%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Motocross
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 338 Main St
The listing price of 338 Main St property is $1,960,000.
The property 338 Main St is a multi located in Southbridge, Massachusetts, 01550.
Active Listing: 338 Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 338 Main St are: Charlton Street School (GreatSchools Rating 2/10), West Street School (GreatSchools Rating 1/10), Old Sturbridge Academy Charter Public School (GreatSchools Rating 5/10), Southbridge Middle School (GreatSchools Rating 4/10), Charlton Middle School (GreatSchools Rating 5/10), Dudley Middle School (GreatSchools Rating 4/10), Southbridge High School (GreatSchools Rating 1/10), Bay Path Regional Vocational Technical High School (GreatSchools Rating 5/10), Shepherd Hill Regional High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $6,560 (source: MLS/based on county public records data).
The last sale was on May 24, 2021 for $920,000 (source: MLS/tax record).
The property 338 Main St is 9,216 SqFt (source: MLS/tax record).
The year of construction for 338 Main St is 1907.
This home is located at 338 Main St in Southbridge, MA and zip code 01550. This 9,216 square foot home, which was built in 1907, sits on a 0.13 acre lot. Features: 13 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $1,960,000.
In June 2025, from all listings sold in Southbridge, MA there were more than 8 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. Between May and June 2025, Southbridge, MA real estate market has seen increase in the number of listings by 19.6%. In June 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $373,500.
From Rocket Homes Real Estate and based on county public records data.