For sale

$535,000

165 Pleasant St, Southbridge, MA 01550

6beds

1,240sqft

$3,574/mo

Get pre-qualified

3 Family - 3 Units Up/Down

Built in 1860

-- sqft lot

$528,200 Zestimate^®

$431/sqft

$-- HOA

What's special

Turnkey 3-unit investment opportunity in Southbridge! This well-maintained multifamily offers a mix of unit sizes: a 2-bed/1-bath basement unit (current tenant, lease through 11/30/2026, $1,499/mo), a vacant 1-bed/1-bath unit ready for immediate occupancy or owner-use ($1,600/mo market rent), and a 2-bed/1-bath unit (current tenant, lease through 5/31/2027, $1,550/mo). Total gross rent potential of approximately $4,649/month. Low operating expenses with 2025 actuals including taxes ($2,915), R&M ($665), and utilities. Ideal for an investor seeking immediate cash flow with upside from the vacant unit. Don't miss this opportunity to add a solid asset to your portfolio! Buyer to do due diligence.

2 days

73

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,240
Total interior livable area: 1,240 sqft
Finished area above ground: 620
Finished area below ground: 620

Property

Parking

Total spaces: 3
Parking features: Off Street, Unpaved
Uncovered spaces: 3

Lot

Size: 6,303 Square Feet
Features: Other

Details

Parcel number: 3977443
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Frame, See Remarks
Foundation: Stone
Roof: Shingle

Condition

Year built: 1860

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Oven, for Electric Oven

Green energy

Energy efficient items: Other (See Remarks)

Community & HOA

Location

Region: Southbridge

Financial & listing details

Price per square foot: $431/sqft
Tax assessed value: $225,800
Annual tax amount: $2,915
Date on market: 8/13/2026
Exclusions: All Tenants' Personal Property
Total actual rent: 7698

Estimated market value

$528,200

$502,000 - $555,000

$2,170/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$535,000+569.6%$431/sqft
Source: MLS PIN #73563453 Report a problem
10/13/2016	Listing removed	$79,900$64/sqft
Source: Aucoin Ryan Realty #72017080 Report a problem
6/3/2016	Listed for sale	$79,900-36%$64/sqft
Source: Aucoin Ryan Realty #72017080 Report a problem
9/8/2015	Listing removed	$675$1/sqft
Source: R&R Realty Management, LLC Report a problem
7/18/2015	Listed for rent	$675$1/sqft
Source: R&R Realty Management, LLC Report a problem
2/3/2010	Listing removed	$124,900$101/sqft
Source: Lorraine Herbert #70793391 Report a problem
7/18/2008	Listed for sale	$124,900-32.1%$101/sqft
Source: Lorraine Herbert #70793391 Report a problem
1/28/2005	Sold	$183,900$148/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,593 +28.2%	$245,100 +33.5%
2024	$2,802 +7.2%	$183,600 +11.2%
2023	$2,615 +5.6%	$165,100 +19.3%
2022	$2,477 -0.2%	$138,400 +8.5%
2021	$2,481 +6.3%	$127,600 +6.5%
2020	$2,334 +21.3%	$119,800 +29.2%
2018	$1,924 -2.5%	$92,700 -3.3%
2017	$1,973 +9.1%	$95,900 +7.2%
2016	$1,809 -2.2%	$89,500 -1.4%
2015	$1,849 +3.7%	$90,800
2014	$1,783 +6.3%	$90,800
2013	$1,677 -0.4%	$90,800 -3.8%
2012	$1,683 +3.7%	$94,400 -0.3%
2011	$1,623 -2.5%	$94,700 -13.8%
2010	$1,665 -6.6%	$109,800 -22.3%
2009	$1,782 +1.1%	$141,300 -5.3%
2008	$1,762 -1%	$149,200 -6%
2007	$1,780 +3.8%	$158,800 +7.8%
2006	$1,715 +46.5%	$147,300 +44.7%
2005	$1,171 +13.6%	$101,800 +16.3%
2004	$1,031 +15.5%	$87,500 +59.1%
2003	$893 +2.9%	$55,000
2001	$868	$55,000