7 Pearl St, Southbridge, MA, 01550
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Sump Pump,Concrete
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,850
Interior Area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Details
- Parcel number: 3977120
- Zoning: M
Features
- Has view: Yes
- View description: Scenic View(s),Water,River
- Has water view: Yes
- Water view: River,Water
- On waterfront: Yes
- Waterfront features: Waterfront,River
Lot
- Lot size: 0.37 Acres
- Features: Corner Lot
Parking
- Total spaces: 6
- Parking features: Off Street
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Hurricane
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,401 | $28,812 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $578 | $6,936 |
| Electricity | $364 | $4,377 |
| Total | $3,560 | $42,720 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $499,000 |
View on Zillow