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46 1/2 Old Sturbridge Rd, Southbridge, MA, 01550

4beds
5baths
7,487sqft
$649,900
$87price/sqft
$5,735/moest. monthly cost
$229,400/yrincome needed

About This Home

MIXED-USE OPPORTUNITY! This unique property features a two-family home offering 3,512 sq. ft. of living space, with Unit 1 consisting of 5 rooms and 2 bedrooms, and Unit 2 offering 4 rooms and 2 bedrooms. Also included is a fully equipped SERVICE GARAGE (MLS #73526810) situated on nearly 1 acre in a convenient Southbridge location near the Sturbridge line. Ideal for investors, owner-occupants, contractors, or business owners seeking residential income and commercial workspace in one property. The sale includes extensive business equipment and personal property, including frame machines, welder, paint booth mixing system with computer, air compressor, assorted air tools, office furniture, storage units, motion detector cameras, and additional shop equipment. Ample parking and flexible commercial/residential use potential. Convenient access to major routes, shopping, restaurants, and local amenities. Don't miss this rare opportunity!

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

--
Eastford Road SchoolGrades PK-11.2 mi
6/10
1/10
Southbridge High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Interior Entry,Garage Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Living Room,Dining Room,Kitchen
  • Flooring: Hardwood
  • Finished area above ground: 7,487

Interior Area

  • Total structure area: 7,487
  • Total interior livable area: 7,487 sqft

Property

Details

  • Parcel number: 3977588
  • Zoning: R1

Lot

  • Lot size: 0.95 Acres

Parking

  • Total spaces: 19
  • Parking features: Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 16

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
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Hurricane
Ice Storm
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$297$3,564
Property Taxes $676$8,112
Electricity $1,476$17,716
Total$5,735$68,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,628/yr
40% on housing$172,050/yr
45% on housing$152,933/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 01550$192
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01550$234
Worcester County$281

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

DateEventPrice
2026-08-06Price change$619,900
2026-07-20Price change$649,900
2026-06-18Price change$674,900
2026-05-30Listed for sale$699,000

For Sale by Agent

AgentAna Roque
BrokerageProperty Investors & Advisors, LLC

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