Active
528 Days on market
7 Pearl Street Southbridge — Photo 1 of 41

7 Pearl Street Southbridge — Photo 1 of 41

Recent Drop: $24,001

$499,000
$474,999

$474,999

Investment Analysis — 7 Pearl Street

Southbridge, MA 01550

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-unit multi-family in 01550 carries an estimated $4,280/mo in gross rent — about a 7.45% cap rate and $35,365/yr in estimated NOI at the $474,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

1,850

Style

Multi Family

Built

1940

Unique Opportunity! This beautifully renovated 2-family home nestled on a peaceful dead-end street. Set on a spacious corner lot with a stunning river running along the property, this home offers the perfect blend of modern updates and serene natural surroundings. Plenty of growth potential with this property as well. This home sits on a lot that was previously subdivided, with the second structure removed. The lot remains buildable, offering excellent potential for new construction, expansion, or investment. Buyers should verify zoning and permitting with the town. Whether you’re an investor seeking a turnkey rental property or a homeowner looking for additional space, this home has it all. Note: Neighborhood is in a Flood Zone- flood insurance may be required.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$499,000
Annual Taxes$3,669

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementSump Pump, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningM

Property & Lot

Acres0.37
SqFt Lot16,117
Lot FeaturesCorner Lot

Geography

Property History

Price Drop
$474,999

Was $499,000

Jul 1, 2026

MLS® 73353987

Listed
$499,000

Apr 2, 2025

MLS® 73353987

Listing Provided By

Listing Agent: Walter Aldrich

Listing Office: Walter Aldrich Realty

MLS® Number: 73353987