MA
Worcester
Southbridge
01550
56 Water Street
56 Water Street, Southbridge, MA 01550
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Listing Type
Multi Family
Listing Status
Active
23
$474,900

Home Details for 56 Water Street

Price
$474,900
Type
Residential Income
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
3
Square feet
3414
Year built
1900
Lot size acres
0.16
County
Worcester
Total rooms
15
Garage
2
Basement
Full, Partially Finished, Concrete
MLS Listing#
73572801
Property Description

Welcome to 56 Water Street in Southbridge—an excellent investment opportunity featuring a well-maintained three-family property with three bedrooms and one bathroom in each unit. Each approximately 1,150 sq. ft. unit offers a similar layout with a kitchen, living room, three bedrooms, bathroom, and an enclosed porch with upgraded oversized windows providing abundant natural light. The property also offers ample off-street parking and a detached two-bay garage. Centrally located with convenient access to schools, shopping, and the hospital, while benefiting from town services. Additionally, the basement includes a bonus approximately 650 sq. ft. studio apartment with a full bathroom, offering potential for additional living space or income. All three main units are currently fully rented and occupied, and the existing tenants have expressed a desire to continue their occupancy. This multifamily property features coin-operated laundry in a common area off the first-floor porch generating income-this revenue has been included in the pro forma.The basement studio and all property details, including use, zoning, permits, and square footage, should be independently verified by the buyer and buyer’s agent.

Property Features
  • Heating Information
    • Natural Gas
    • Baseboard
    • Space Heater
    • Zoned
  • Basement
    • Full
    • Partially Finished
    • Concrete
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • House Interior
    • Storage
  • Parking
    • Off Street
School Information
School Information for 56 Water Street, Southbridge, MA 01550
Elementary School
Southbridge
Middle School
Southbridge
High School
Southbridge
Listing Courtesy: Excelsior Realty - 508-736-2735
Presented by: Robert Bissonnette
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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