7,752 Sq. Ft.
$135 / Sq. Ft.
7,752
Sq. Ft.
$135
per Sq. Ft.

Description

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...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.
  1. Listed by Jason Saphire • www.HomeZu.com

Property Details for 573 Main Street

Town
Southbridge
Area
MA-Southbridge
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 04/20/2026 09:41 AM

Property Details for 573 Main Street

StatusActive
MLS #73500796
Days on Market14
Taxes$9,442 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1915
CountyWorcester County

Location

Listing Courtesy of www.HomeZu.com, Jason Saphire
Add your commute

Building Information for 573 Main Street

Stories5Residences7Year Built1915Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$6,074 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,287

Property Taxes

$787

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 573 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 7752.0
  • Color: Light Blue
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Dirt Floor, Unfinished Basement
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame, See Remarks
  • Roof Material: Rubber, Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway, Other
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway, Other
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Other (See Remarks)
  • Green Energy Efficient: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Two (2) units are vacant and not included in the rent roll. Financials reflect in-place rents only. Buyer to perform all due diligence. Seller makes no representations regarding projected income,lease-up,or future performance.
Tax Information
  • Tax ID: 3978938
  • Assessments: $697,300
  • Book: 73214
  • Tax Year: 2025
  • Zoning: GB
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone, Other
  • Levels: 5
Income / Expenses
  • Electricity: $1,375.00
  • Annual Expenses Source: Owner, Other (See Remarks)
  • GOI: $68,400.00
  • GRE: $13,258
  • MSE: $4,276
  • NOI: $55,142.00
  • Operating Expense: $13,258.00
  • WSE: $7,607.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,850.00

Property History for 573 Main Street

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

MLS PIN #73500796

$1,050,000
Oct 16, 2015

Expired

MLS PIN #71874625

$230,000
Jul 16, 2015

Listed (Active)

MLS PIN #71874625

$230,000
DateEvent & SourcePrice
04/13/2026

Listed (Active)

MLS PIN #73500796

$1,050,000
10/16/2015

Expired

MLS PIN #71874625

$230,000
07/16/2015

Listed (Active)

MLS PIN #71874625

$230,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 573 Main Street

Taxable ValueLand$34,100Additions$663,200Total$697,300
Tax Record2025$10,222 ($852 / month)
Home Facts
Baths7Total Finished SqFt7,752 SqFtAbove Grade Finished SqFt7,752 SqFtUnfinished Basement SqFt1,938 SqFtStories4Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningGBCountyWORCESTERAPNSBRI M:0048 B:0238 L:00001

Schools near 573 Main Street

This home is within Southbridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Charlton Street School
PublicPK to 5

Southbridge Middle School
Public6 to 8

Southbridge High School
Public9 to 12

Eastford Road School
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

573 Main Street is a multi-family home for sale in Southbridge, MA 01550. This property was listed for sale on April 13, 2026 by www.HomeZu.com, it's currently listed at $1,050,000. This listing's school district is Southbridge School District. Nearby schools include Charlton Street School, Southbridge Middle School and Southbridge High School. 573 Main Street is a 21-bed, 7-bath, 7,752 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of www.HomeZu.com, Jason Saphire

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.