5-9 Family at 141 Elm Street, Southbridge MA 01550

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33 photos

$624,900

141 Elm Street, Southbridge MA 01550

Southbridge, MA 01550

Listed by Mary Jo Demick

Bedrooms

Bathrooms

Living area

4,144 sqft

Year built

1900

About this home

INVESTORS TAKE A LOOK AT THIS 5 UNIT APARTMENT BUILDING!! *RENTS ON 4 TAW UNITS TO BE INCREASED AS OF SEPTEMBER 1ST! Exterior is vinyl sided, has replacement windows in the units, off street parking for 6 to 7 vehicles & exterior porches for 4 of the units! There is one 1 bedroom & two 2 bedroom units on the first floor. The 2nd floor has 2 huge 2/3 bedroom units! Each unit is unique. There are some original cabinets, molding, & hardwood floors in the units. Each unit has refrigerator, range, & washer/dryer hook-ups. All tenants are TAW except for one Section 8 tenant. They are all long term and paying below market rents. Great potential for positive cash flow!! Tenants pay their own heat (gas), hot water, & electricity (100 amp). There is a landlord meter, as well. Please see attachments.

Property details

MLS: MLS Property Information Network
MLS #: 73538358
Property type: 5-9 Family
Subdivision: N/A
Status: Active
Days on market: 125
On market date: June 18, 2026
Stories: 5
Total bathrooms: 5
Garage spaces: N/A
Parking spaces: 7
Lot size: 0.22 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary

Eastford Road

0.31 mi away · Grades -1-1

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 319
Student:teacher ratio: 12.8:1
District: Southbridge

Middle

Southbridge Middle School

1.69 mi away · Grades 6-8

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 407
Student:teacher ratio: 12.0:1
District: Southbridge

High

Southbridge Academy

0.37 mi away · Grades 6-12

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 42
Student:teacher ratio: 3.5:1
District: Southbridge

Walkability

Blended score for Southbridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Walkable

out of 100

EPA National Walkability Index

13.2 / 20 -- Above average walkable

Google Places amenity density

90 / 100

Restaurants & cafes20

Grocery stores2

Parks6

Schools9

Transit stops14

Pharmacies4

Market position

How this listing compares to current activity in Southbridge, from live MLS data.

On the market 125 days -- 29 more days than Southbridge's current average of 96 days.

For reference, the median list price across 142 active listings in Southbridge right now is $394,500.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,913/mo

$124,980 down

$499,920 loan

Principal & interest$3,242

Property tax (est.)$521

Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.