Seller's Agent in 2025
McKenzie Belanger
Byrnes Real Estate Group LLC
(855) 450-0442
4 in this area
20 Total Sales
37 River St Southbridge, MA 01550
Estimated Value: $468,000 - $522,000
9
Beds
3
Baths
3,099
Sq Ft
$159/Sq Ft
Est. Value
About This Home
As of October 2025Discover this 3-unit multifamily property offering a strong rental income and long-term growth potential. Featuring 9 bedrooms, 3 bathrooms, and 3 convenient off-street parking spaces, this property is an ideal addition to any investor’s portfolio.Two of the units have been recently updated and renovated, providing modern finishes and increased rental appeal. The third-floor unit is currently vacant and ready for immediate occupancy, while the other two units are tenant-occupied with lease agreements in place, ensuring steady cash flow from day one.Whether you're looking to live in one unit and rent the others or expand your rental property portfolio, this multifamily delivers both value and opportunity.Additional perks making this property desirable to occupants: 4 minutes to Harrington hospital, 9 minutes Southbridge High School, 3 minutes to West Street School. Residents may also attend Bay Path vocational High School. Open House Wednesday 9/3 5:30pm-7pm!
Last Agent to Sell the Property
Byrnes Real Estate Group LLC Listed on: 08/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,482
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
- Stone
Interior Spaces
- 3,099 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Shared Driveway
- Open Parking
Schools
- Charlton Street Elementary School
- West Street Middle School
- Southbridge High School
Community Details
- 3 Units
- Net Operating Income $23,377
Listing and Financial Details
- Total Actual Rent $3,250
- Assessor Parcel Number 3977726
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2025
Closed on
Oct 23, 2025
Sold by
Kbg Realty Properties Llc
Bought by
Chapman Robert
Seller's Agent
McKenzie Belanger
Byrnes Real Estate Group LLC
Buyer's Agent
KAREN MILHEM
Media Realty Group Inc.
List Price
$489,900
Sold Price
$490,000
Premium/Discount to List
$100
0.02%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000
Avg. Annual Appreciation
0.74%
Original Mortgage
$465,500
Outstanding Balance
$462,929
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,071
Purchase Details
Closed on
May 7, 2024
Sold by
37 River Street Rt and Ardan
Bought by
Kbg Realty Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,612,500
Interest Rate
6.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 2022
Sold by
River-Pearl Street Rt and Ardan
Bought by
37 River Street Rt and Ardan
Purchase Details
Closed on
Aug 10, 2006
Sold by
Thomas Alan Prop Llc
Bought by
River-Pearl Street Rt and Ardan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2004
Sold by
Scott John and Scott Virginia L
Bought by
Thomas Alan Prop Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chapman Robert | $490,000 | -- | |
| Kbg Realty Properties Llc | $450,000 | None Available | |
| 37 River Street Rt | -- | None Available | |
| 37 River Street Rt | -- | None Available | |
| River-Pearl Street Rt | $557,500 | -- | |
| River-Pearl Street Rt | $557,500 | -- | |
| River-Pearl Street Rt | $557,500 | -- | |
| Thomas Alan Prop Llc | $780,000 | -- | |
| Thomas Alan Prop Llc | $780,000 | -- | |
| Thomas Alan Prop Llc | $780,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chapman Robert | $465,500 | |
| Previous Owner | Kbg Realty Properties Llc | $1,612,500 | |
| Previous Owner | River-Pearl Street Rt | $507,500 | |
| Previous Owner | Thomas Alan Prop Llc | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Sold | $490,000 | 0.0% | $158 / Sq Ft |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | For Sale | $489,900 | -- | $158 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,482 | $305,700 | $24,600 | $281,100 |
| 2024 | $3,647 | $239,000 | $12,300 | $226,700 |
| 2023 | $3,396 | $214,400 | $12,300 | $202,100 |
| 2022 | $3,217 | $179,700 | $10,500 | $169,200 |
| 2021 | $3,213 | $165,300 | $10,500 | $154,800 |
| 2020 | $3,019 | $155,000 | $10,500 | $144,500 |
| 2018 | $2,419 | $116,600 | $15,200 | $101,400 |
| 2017 | $2,398 | $116,600 | $15,200 | $101,400 |
| 2016 | $2,191 | $108,400 | $15,200 | $93,200 |
| 2015 | $2,262 | $111,100 | $16,400 | $94,700 |
| 2014 | $2,182 | $111,100 | $16,400 | $94,700 |
Source: Public Records
Agents Affiliated with this Home
-
McKenzie Belanger
-
Christopher Place
C
Seller Co-Listing Agent in 2025
Christopher Place
Byrnes Real Estate Group LLC
(508) 341-7008
1 in this area
1 Total Sale
-
KAREN MILHEM
Buyer's Agent in 2025
KAREN MILHEM
Media Realty Group Inc.
(774) 321-4541
2 in this area
78 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73422582
APN: SBRI-000034-000078-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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