437 Main St, Southbridge, MA, 01550
About This Home
Downtown redevelopment opportunity with significant multifamily conversion potential at 473 Main Street in Southbridge. This former church offers approximately 8,476 square feet ideally suited for residential or mixed-use adaptive reuse (subject to approvals). The expansive interior, substantial footprint, and prominent Main Street frontage support potential apartments, condominiums, workforce housing, live-work units, or community-oriented uses. Located in the heart of the downtown commercial district, the property is within walking distance to shops, restaurants, municipal offices, and public amenities, with convenient access to major routes throughout Worcester County. Southbridge serves as a regional hub to Worcester County and the greater Boston area which continues to see investment in housing and revitalization, making this an exceptional opportunity for developers, investors, or organizations seeking a well-located value-add project.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1843
Materials
- Foundation: Granite
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area below ground: 1,695
- Finished area above ground: 6,781
Interior Area
- Total structure area: 8,476
- Total interior livable area: 8,476 sqft
Property
Details
- Parcel number: M:0048 B:0218 L:00001,3978922
- Zoning: CC
Lot
- Lot size: 0.33 Acres
- Features: Level
Parking
- Parking features: Open
- Has uncovered spaces: Yes
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
- Hurricane
- Inland Flooding
- 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 | $1,764 | $21,168 |
| Home Insurance * | $159 | $1,908 |
| Property Taxes | $363 | $4,356 |
| Electricity | $1,671 | $20,056 |
| Total | $3,957 | $47,484 |
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 |
|---|---|---|
| 2026-04-16 | Price change | $479,000 |
| 2026-03-09 | Price change | $799,000 |
| 2026-02-25 | Listed for sale | $1,250,000 |
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