23 Oakes Ave Southbridge — Photo 1 of 40
Recent Drop: $50,000
$349,999
Investment Analysis — 23 Oakes Ave
Southbridge, MA 01550
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01550 carries an estimated $2,140/mo in gross rent — about a 4.29% cap rate and $15,016/yr in estimated NOI at the $349,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,982
Style
Single Family
Built
1890
Newly painted and full of timeless charm, this crisp blue Victorian offers standout curb appeal with mature landscaping, detailed trim work, and a welcoming front porch that makes a lasting first impression. Located across from Harrington Hospital, this unique home blends character and functionality throughout. Inside, you’ll find beautiful architectural details including curved walls, an arched opening from the kitchen into the dining room, and spacious living areas filled with natural light. The private primary bedroom features a large closet, while the third bedroom offers scenic views overlooking Southbridge. A truly one-of-a-kind property with classic New England character.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,982 sq ft principal dwelling). Lot size: 9,148 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$349,999
Was $365,000
Aug 12, 2026
MLS® 73528455
$365,000
Was $375,000
Jul 21, 2026
MLS® 73528455
$375,000
Was $389,999
Jul 11, 2026
MLS® 73528455
$389,999
Was $399,999
Jun 24, 2026
MLS® 73528455
$399,999
Jun 2, 2026
MLS® 73528455
Listing Agent: Emilie Courtney
Listing Office: Alan Stewart Jr
MLS® Number: 73528455
