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Off market
  • $556,500

    223 Mechanic St, Southbridge, MA 01550

    9beds
    0baths
    4,612sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $556,500 Zestimate®
    $121/sqft
    $1,782 Estimated rent

    Home value

    $556,500

    $495,000 - $618,000

    $1,782/mo

    Zestimate® history
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    Owner options

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    $1,782/mo

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    $1,782/mo

    Rent Zestimate®

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    $3,531/mo

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    $3,531/mo

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    What's special

    WOW! What a rare opportunity!!! Don't miss out on this large 5 unit mixed use building! This property has OUTSTANDING income producing potential. The rear of the first floor is complete with a large rental unit with eat in kitchen and 3 bedrooms. The front side of the building has the perfect commercial rental space! Its the ideal spot for a hair salon, flower shop or more!! Lots of foot traffic in the area make this a great location for a small business to boom!!! The second floor of the property boasts 2 rental units one unit containing 2 bedrooms and the other unit with 1 bedroom and the perfect office space ideal for working from home. The third floor is where you will find the last rental unit. This over sized unit contains 3 bedrooms and a bonus room which could easily be used as a fourth bedroom. This diamond in the rough truly is a must see!! Don't let this income producing property pass you by!!!!!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 0
    Heating
    • Other, Gas
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 4,612 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: SBRIM0030B0124L00001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Southbridge

    Price history

    DateEventPrice
    7/12/2021Sold$180,000-9.3%$39/sqft
    Source: Public Record Report a problem
    6/6/2021Pending sale$198,400$43/sqft
    Source: Exit Realty #72808170 Report a problem
    5/8/2021Listed for sale$198,400$43/sqft
    Source: Exit Realty #72808170 Report a problem
    4/30/2021Pending sale$198,400$43/sqft
    Source: Exit Realty #72808170 Report a problem
    4/3/2021Listed for sale$198,400+3%$43/sqft
    Source: Exit Realty #72808170 Report a problem
    12/21/2019Listing removed--
    Source: Hudson & Marshall Report a problem
    10/18/2019Pending sale--
    Source: Hudson & Marshall Report a problem
    5/4/2019Listed for sale--
    Source: Hudson & Marshall Report a problem
    5/3/2019Pending sale--
    Source: Hudson & Marshall Report a problem
    4/17/2019Listed for sale--
    Source: Hudson & Marshall Report a problem
    3/13/2019Listing removed$192,618$42/sqft
    Source: Auction.com Report a problem
    2/11/2019Price change$192,618-20.9%$42/sqft
    Source: Auction.com Report a problem
    12/25/2018Listed for sale--
    Source: Auction.com Report a problem
    5/13/2014Sold$243,654+29.6%$53/sqft
    Source: Public Record Report a problem
    5/27/2003Sold$188,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,769 +56.3%$461,700 +62.6%
    2024$4,332 +5.1%$283,900 +9.1%
    2023$4,122 +0.4%$260,200 +13.4%
    2022$4,106 -7.9%$229,400
    2021$4,460 -0.2%$229,400
    2020$4,469 +5.4%$229,400 +12.3%
    2018$4,239 +0.9%$204,300
    2017$4,202 +1.8%$204,300
    2016$4,129 +10.3%$204,300 +11.1%
    2015$3,744 +8.6%$183,900 -8.6%
    2011$3,447 +12.2%$201,100 -0.8%
    2010$3,073 -6.3%$202,700 -22.1%
    2009$3,280 +6%$260,100 -0.7%
    2008$3,093 -4.2%$261,900 -9.1%
    2007$3,230 +26.3%$288,100 +31.1%
    2006$2,558 +22.2%$219,800 +20.7%
    2005$2,094 +39.8%$182,100 +43.2%
    2004$1,498 +37.2%$127,200 +89%
    2003$1,092 +2.8%$67,300
    2001$1,062 $67,300

    Find assessor info on the county website

    Neighborhood: 01550

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $556,500
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    Estimated market value
    $556,500