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56 Water Street, 
Southbridge, MA 01550

$474,900


9

Beds


3

Baths


3,414

Sq Ft


Multi-Family

Active

Listed by

Robert Bissonnette

Excelsior Realty

508-736-2735

Last updated:

September 12, 2026, 11:59 AM

MLS#

73572801

Source:

MLSPIN

About This Home

56 Water Street

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.

Home Facts

Multi-Family

3 Baths

9 Bedrooms

Built in 1900

Price Summary

474,900

$139 per Sq. Ft.

MLS #:

73572801

Last Updated:

September 12, 2026, 11:59 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,414 Sq. Ft.


Structure

Structure

Building Area:

3,414 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,970


Finances & Disclosures

Finances

Price:

$474,900

Price per Sq. Ft:

$139 per Sq. Ft.

Source:MLSPIN
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 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 or leasing 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 or leasing. 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.
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56 Water Street
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Sun, Sep 13
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.