Investment Opportunity in a Prime Residential Area! This spacious and well-maintained 4-family home presents a fantastic opportunity for both investors and owner-occupants. Located in a desirable location, this maintenance-free property is a proven income generator with the potential for excellent returns. Each unit is thoughtfully designed and offers comfort and convenience to tenants. The property is close to schools, shopping centers, and major transportation routes, making it an ideal choice for renters seeking accessibility. Whether you’re looking to grow your real estate portfolio or occupy one unit while renting the others, this property is a versatile and profitable investment. Don’t miss out on this chance to own a lucrative multi-family home in a highly sought-after area!
Sold for $495,000
$495,000
228 Hamilton St, Southbridge, MA 01550
7beds
1,820sqft
4 Family - 4 Units Up/Down
Built in 1900
-- sqft lot
$548,000 Zestimate®
$272/sqft
$2,460 Estimated rent
Home value
$548,000
$499,000 - $597,000
$2,460/mo
Zestimate® history
Owner options
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$2,460/mo
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$2,460/mo
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$3,141/mo
Est. payment
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$3,141/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Leonidas Dosreis 508-843-0447,
Property Investors & Advisors, LLC 774-413-0272,
Leonidas Dosreis 508-843-0447
Bought with:
Leonardo Ribeiro
Century 21 North East
Source: MLS PIN,MLS#: 73344826
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Laundry Room
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
- Finished area above ground: 1,370
- Finished area below ground: 450
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 8
Lot
- Size: 3,049 sqft
Details
- Parcel number: 3977962
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Southbridge
HOA & financial
Other financial information
- Total actual rent: 5050
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $495,000-5.5%$272/sqft |
Source: MLS PIN #73344826 Report a problem | ||
| 3/24/2025 | Contingent | $524,000$288/sqft |
Source: MLS PIN #73344826 Report a problem | ||
| 3/13/2025 | Listed for sale | $524,000+54.1%$288/sqft |
Source: MLS PIN #73344826 Report a problem | ||
| 6/3/2022 | Listing removed | -- |
Source: MLS PIN #72801102 Report a problem | ||
| 12/30/2021 | Sold | $340,000-5.3%$187/sqft |
Source: MLS PIN #72874649 Report a problem | ||
| 8/11/2021 | Price change | $359,000-2.7%$197/sqft |
Source: MLS PIN #72874649 Report a problem | ||
| 8/1/2021 | Listed for sale | $369,000+0.8%$203/sqft |
Source: MLS PIN #72874649 Report a problem | ||
| 7/25/2021 | Listing removed | $365,900$201/sqft |
Source: MLS PIN #72858280 Report a problem | ||
| 7/3/2021 | Pending sale | $365,900$201/sqft |
Source: MLS PIN #72858280 Report a problem | ||
| 6/29/2021 | Listed for sale | $365,900+0.3%$201/sqft |
Source: MLS PIN #72858280 Report a problem | ||
| 6/21/2021 | Listing removed | $364,900$200/sqft |
Source: MLS PIN #72852278 Report a problem | ||
| 6/17/2021 | Listed for sale | $364,900-1.4%$200/sqft |
Source: MLS PIN #72852278 Report a problem | ||
| 6/9/2021 | Listing removed | $369,900$203/sqft |
Source: MLS PIN #72801102 Report a problem | ||
| 4/21/2021 | Listed for sale | $369,900$203/sqft |
Source: MLS PIN #72801102 Report a problem | ||
| 3/28/2021 | Pending sale | $369,900$203/sqft |
Source: MLS PIN #72801102 Report a problem | ||
| 3/19/2021 | Listed for sale | $369,900+21.3%$203/sqft |
Source: MLS PIN #72801102 Report a problem | ||
| 12/16/2020 | Sold | $305,000+3.6%$168/sqft |
Source: Public Record Report a problem | ||
| 9/25/2020 | Listed for sale | $294,500+435.5%$162/sqft |
Source: The LUX Group #72732495 Report a problem | ||
| 9/16/2011 | Sold | $55,000-73.2%$30/sqft |
Source: Public Record Report a problem | ||
| 3/10/2004 | Sold | $205,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,795 +15.1% | $395,300 +19.9% |
| 2024 | $5,033 +12.6% | $329,800 +16.9% |
| 2023 | $4,468 +6% | $282,100 +19.8% |
| 2022 | $4,215 +19% | $235,500 +29.3% |
| 2021 | $3,542 -0.2% | $182,200 |
| 2020 | $3,549 +18.9% | $182,200 +26.6% |
| 2018 | $2,986 +19.9% | $143,900 +18.8% |
| 2017 | $2,491 +1.8% | $121,100 |
| 2016 | $2,447 -6.1% | $121,100 -5.4% |
| 2015 | $2,606 +3.7% | $128,000 |
| 2014 | $2,514 +6.3% | $128,000 |
| 2013 | $2,364 -3.6% | $128,000 -7% |
| 2012 | $2,453 +3.8% | $137,600 -0.2% |
| 2011 | $2,364 +5.9% | $137,900 -6.3% |
| 2010 | $2,232 -6.7% | $147,200 -22.4% |
| 2009 | $2,392 -5.3% | $189,700 -11.3% |
| 2008 | $2,526 -4.9% | $213,900 -9.7% |
| 2007 | $2,657 +19.1% | $237,000 +23.7% |
| 2006 | $2,230 +31.6% | $191,600 +30% |
| 2005 | $1,695 +23.7% | $147,400 +26.7% |
| 2004 | $1,370 +52.9% | $116,300 +110.7% |
| 2003 | $896 +2.9% | $55,200 |
| 2001 | $871 | $55,200 |
Find assessor info on the county website
Neighborhood: 01550
Nearby schools
GreatSchools rating
- 2/10West Street SchoolGrades: 1-5Distance: 0.8 mi
- 6/10Southbridge Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Southbridge High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$548,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$548,000
- Massachusetts
- Worcester County
- Southbridge
- 01550
- 228 Hamilton St
Nearby cities
Nearby zip codes
Other Southbridge Topics
