56 Water Street, Southbridge, MA 01550
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
56 Water Street,Southbridge, MA 01550
$474,900
- 9 Beds
- 3 Baths
- 3,414 sq. ft.
- Multi-family
- Active
Listed by: robert bissonnette
Office: excelsior realty
MLS#:73572801
Source:MLSPIN
Price summary
- Price:$474,900
- Price per sq. ft.:$139.1
About this home
Welcome to 56 Water Street in Southbridge—an excellent investment opportunity featuring a well-maintained three-family property with three bedrooms and one bathroom in each unit. Each approximately 1,150 sq. ft. unit offers a similar layout with a kitchen, living room, three bedrooms, bathroom, and an enclosed porch with upgraded oversized windows providing abundant natural light. The property also offers ample off-street parking and a detached two-bay garage. Centrally located with convenient access to schools, shopping, and the hospital, while benefiting from town services. Additionally, the basement includes a bonus approximately 650 sq. ft. studio apartment with a full bathroom, offering potential for additional living space or income. All three main units are currently fully rented and occupied, and the existing tenants have expressed a desire to continue their occupancy. This multifamily property features coin-operated laundry in a common area off the first-floor porch generating income-this revenue has been included in the pro forma.The basement studio and all property details, including use, zoning, permits, and square footage, should be independently verified by the buyer and buyer’s agent....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:73572801
- Updated:September 18, 2026 at 11:32 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Laminate, Vinyl, Wood
- Kitchen Description:Kitchen, Range, Refrigerator
- Basement Description:Bulkhead, Concrete, Full, Partially Finished
- Living area:3,414 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Individual, Natural Gas, Space Heater
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:3,414 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Level
- Construction Materials:Frame, Stone
- Exterior Features:Covered, Rain Gutters
- Foundation Description:Stone
Schools
- High school:Southbridge
- Middle school:Southbridge
- Elementary school:Southbridge
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$474,900
- Price per sq. ft.:$139.1
- Tax amount:$5,990 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Storage
Parking
- Total parking spaces:9
- Parking description:Off Street
- Garage:Yes
- Garage spaces:2
New listings near 56 Water Street
- Open Sun, 11am to 1pmNew
$352,500Active3 beds 2 baths1,196 sq. ft.51 Old North Woodstock Rd, Southbridge, MA 01550
MLS# 73578568Listed by: RE/MAX Prof Associates - Open Sat, 10 to 11:30amNew
$359,900Active2 beds 1 baths1,362 sq. ft.78 Ellis Rd, Southbridge, MA 01550
MLS# 73577950Listed by: Byrnes Real Estate Group LLC - New
$480,000Active3 beds 2 baths1,340 sq. ft.Lot 29 Cournoyer Blvd, Southbridge, MA 01550
MLS# 73577048Listed by: eXp Realty LLC - New
$595,000Active10 beds 5 baths3,609 sq. ft.27 Henry, Southbridge, MA 01550
MLS# 73576995Listed by: Cali Realty Group, Inc. - Open Sat, 1 to 3pmNew
$409,000Active5 beds 2 baths1,602 sq. ft.17 Moon St, Southbridge, MA 01550
MLS# 73576670Listed by: Property Investors & Advisors, LLC - New
$1,159,000Active16 beds 8 baths3,260 sq. ft.2 Hill St, Southbridge, MA 01550
MLS# 73576154Listed by: Settlers Realty Group, LLC - New
$729,900Active9 beds 5 baths4,932 sq. ft.480 Hamilton St, Southbridge, MA 01550
MLS# 73575606Listed by: Modern Concept Realty - New
$375,000Active4 beds 2 baths1,666 sq. ft.24 Litchfield Avenue, Southbridge, MA 01550
MLS# 73574955Listed by: Keller Williams Pinnacle Central - New
$399,000Active7 beds 3 baths2,554 sq. ft.47 West, Southbridge, MA 01550
MLS# 73574712Listed by: Cali Realty Group, Inc. - New
$485,000Active4 beds 2 baths2,610 sq. ft.253 Lebanon Hill Rd, Southbridge, MA 01550
MLS# 73568005Listed by: Byrnes Real Estate Group LLC