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Sold for $420,000
  • $420,000

    171 Mechanic St, Southbridge, MA 01550

    10beds
    6,978sqft
    4 Family - 4 Units Side by Side
    Built in 1900
    -- sqft lot
    $560,900 Zestimate®
    $60/sqft
    $2,087 Estimated rent

    Home value

    $560,900

    $505,000 - $623,000

    $2,087/mo

    Zestimate® history
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    What's special

    Commercial spaceMajor routesEnclosed exterior stairs
    Great opportunity to bring in Additional Income with this Mixed Use Property. Find a Commercial Space (appx 950 SF) and (4) Fully Rented Residential Units (appx. 3900 SF). The Main Level: Currently contains a Retail Space (950 SF) & an updated 1/2 Bath. There is a Separate Secured Laundry Area (130 SF) for Tenants. The Second & Third Levels contain (2) Apartments per Floor. Each Floor has a unit containing 2 Bedrooms & a unit containing 3 Bedrooms. All units have a Full Bath, a Kitchen and a Living/Dining Room Area. The Full Basement (2000 SF) has interior access for additional storage. Recent Updates: 3 of the 4 Residential Apartments Fully Renovated (2019), Enclosed Exterior Stairs & Handicap Ramp (2020-21), Windows (2020-21). An active Fire & Security Monitoring System in place also. Close to Town Amenities, Major Routes (Rt. 169, 20, MA Pike/90, 290 and CT state line) and appx an hour to airports (Hartford, Providence & Boston).

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Sowa Forgit 508-446-3967,

    RE/MAX Prof Associates 508-347-9595

    Bought with:

    Mary Jo Demick

    Aucoin Ryan Realty

    Source: MLS PIN,MLS#: 73194881

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • Laundry Room, Kitchen, Living RM/Dining RM Combo
    • Windows: Insulated Windows
    • Basement: Full,Interior Entry,Bulkhead,Sump Pump,Dirt Floor,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,978
    • Total interior livable area: 6,978 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Paved
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 5,445 sqft
    • Features: Cleared
    Details
    • Parcel number: M:0036 B:0136 L:00001,3978102
    • Zoning: RB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family - 4 Units Side by Side
    Materials
    • Foundation: Stone, Granite
    • Roof: Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Oven

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, Sidewalks
    Location
    • Region: Southbridge

    HOA & financial

    Other financial information
    • Total actual rent: 3800

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/14/2024Sold$420,000-16%$60/sqft
    Source: MLS PIN #73194881 Report a problem
    1/31/2024Contingent$499,900$72/sqft
    Source: MLS PIN #73194881 Report a problem
    1/19/2024Listed for sale$499,900+1149.8%$72/sqft
    Source: MLS PIN #73194881 Report a problem
    6/30/2016Sold$40,000-75%$6/sqft
    Source: Public Record Report a problem
    3/5/2013Listing removed$160,000$23/sqft
    Source: Exit Realty Partners #71432135 Report a problem
    12/1/2012Price change$160,000-3%$23/sqft
    Source: Exit Realty Partners #71432135 Report a problem
    10/16/2012Price change$165,000-2.9%$24/sqft
    Source: Exit Realty Partners #71432135 Report a problem
    9/8/2012Listed for sale$170,000$24/sqft
    Source: Exit Realty Partners #71432135 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,291 +48.9%$360,900 +55%
    2024$3,553 +5.4%$232,800 +9.3%
    2023$3,372 -4.3%$212,900 +8.2%
    2022$3,523 -12.8%$196,800 -5.2%
    2021$4,038 -0.2%$207,700
    2020$4,046 -5%$207,700 +1.2%
    2018$4,258 +9.1%$205,200 +8.2%
    2017$3,902 +1.8%$189,700
    2016$3,834 -0.7%$189,700
    2015$3,862 +22.9%$189,700 +3.5%
    2011$3,142 +13.1%$183,300
    2010$2,779 +9.8%$183,300 -8.7%
    2009$2,532 +6.8%$200,800
    2008$2,371 +4.6%$200,800 -0.6%
    2007$2,266 +6.8%$202,100 +10.9%
    2006$2,122 +5.6%$182,300 +4.3%
    2005$2,010 -12.4%$174,800 -10.2%
    2004$2,294 +27.6%$194,700 +75.7%
    2003$1,798 +2.9%$110,800
    2001$1,748 $110,800

    Find assessor info on the county website

    Neighborhood: 01550

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $560,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $560,900