Discover this 3-unit multifamily property offering a strong rental income and long-term growth potential. Featuring 9 bedrooms, 3 bathrooms, and 3 convenient off-street parking spaces, this property is an ideal addition to any investor’s portfolio.Two of the units have been recently updated and renovated, providing modern finishes and increased rental appeal. The third-floor unit is currently vacant and ready for immediate occupancy, while the other two units are tenant-occupied with lease agreements in place, ensuring steady cash flow from day one.Whether you're looking to live in one unit and rent the others or expand your rental property portfolio, this multifamily delivers both value and opportunity.Additional perks making this property desirable to occupants: 4 minutes to Harrington hospital, 9 minutes Southbridge High School, 3 minutes to West Street School. Residents may also attend Bay Path vocational High School. Open House Wednesday 9/3 5:30pm-7pm!
Sold for $490,000
$490,000
37 River St, Southbridge, MA 01550
9beds
3,099sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$497,000 Zestimate®
$158/sqft
$2,388 Estimated rent
Home value
$497,000
$457,000 - $542,000
$2,388/mo
Zestimate® history
Owner options
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$2,388/mo
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$2,388/mo
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$2,570/mo
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$2,570/mo
Est. payment
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Modern finishes
Zillow last checked:
Listing updated:
Listed by:
McKenzie Belanger 508-410-1865,
Byrnes Real Estate Group LLC 833-429-7637,
Christopher Place 508-341-7008
Bought with:
Karen Milhem
Media Realty Group Inc.
Source: MLS PIN,MLS#: 73422582
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,099
- Total interior livable area: 3,099 sqft
- Finished area above ground: 3,099
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Shared Driveway
- Uncovered spaces: 3
Lot
- Size: 3,920 sqft
Details
- Parcel number: 3977726
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Stone
- 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: 3250
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $490,000+0%$158/sqft |
Source: MLS PIN #73422582 Report a problem | ||
| 8/27/2025 | Listed for sale | $489,900+8.9%$158/sqft |
Source: MLS PIN #73422582 Report a problem | ||
| 5/7/2024 | Sold | $450,000+60.8%$145/sqft |
Source: Agent Provided Report a problem | ||
| 7/3/2008 | Listing removed | $279,900$90/sqft |
Source: MLS Property Information Network #70601950 Report a problem | ||
| 6/19/2008 | Listed for sale | $279,900$90/sqft |
Source: MLS Property Information Network #70601950 Report a problem | ||
| 12/7/2007 | Listing removed | $279,900$90/sqft |
Source: ERA #70601950 Report a problem | ||
| 11/12/2007 | Listed for sale | $279,900-49.8%$90/sqft |
Source: ERA #70601950 Report a problem | ||
| 8/10/2006 | Sold | $557,500-28.5%$180/sqft |
Source: Public Record Report a problem | ||
| 10/1/2004 | Sold | $780,000$252/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,482 +22.9% | $305,700 +27.9% |
| 2024 | $3,647 +7.4% | $239,000 +11.5% |
| 2023 | $3,396 +5.6% | $214,400 +19.3% |
| 2022 | $3,217 +0.1% | $179,700 +8.7% |
| 2021 | $3,213 +6.4% | $165,300 +6.6% |
| 2020 | $3,019 +24.8% | $155,000 +32.9% |
| 2018 | $2,419 +0.9% | $116,600 |
| 2017 | $2,398 +9.4% | $116,600 +7.6% |
| 2016 | $2,191 -3.1% | $108,400 -2.4% |
| 2015 | $2,262 +3.7% | $111,100 |
| 2014 | $2,182 +6.3% | $111,100 |
| 2013 | $2,052 +3.7% | $111,100 +0.1% |
| 2012 | $1,979 +3.7% | $111,000 -0.3% |
| 2011 | $1,908 -2.8% | $111,300 -14% |
| 2010 | $1,962 -7.5% | $129,400 -23.1% |
| 2009 | $2,121 +1.3% | $168,200 -5.1% |
| 2008 | $2,094 -1% | $177,300 -6.1% |
| 2007 | $2,116 +7.7% | $188,800 +11.8% |
| 2006 | $1,965 +25.2% | $168,800 +23.7% |
| 2005 | $1,570 +13.5% | $136,500 +16.3% |
| 2004 | $1,383 +13.2% | $117,400 +55.9% |
| 2003 | $1,222 +2.9% | $75,300 |
| 2001 | $1,188 | $75,300 |
Find assessor info on the county website
Neighborhood: 01550
Nearby schools
GreatSchools rating
- 2/10West Street SchoolGrades: 1-5Distance: 0.6 mi
- 6/10Southbridge Middle SchoolGrades: 6-8Distance: 1.7 mi
- 1/10Southbridge High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Charlton Street Elementary
- Middle: West Street School
- High: Southbridge High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$497,000
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
$497,000
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