Active

37 Days on market

16 Water St Southbridge — Photo 1 of 21

$259,900

16 Water St, Southbridge, MA 01550

Southbridge, MA 01550

Beds

Baths

1.5

SqFt

1,242

Style

Single Family

Built

1900

Unlock the potential of this charming modified Cape in Southbridge! Ideal for homeowners looking to build equity or investors seeking their next project, this property features a functional layout, with a partially finished second-floor bathroom for added value and a detached garage! Ready for cosmetic updates, the home offers an excellent opportunity to renovate and make it your own. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes. Don't miss your chance at this one! Property sold as-is where is.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$209/sqft

Local Avg (Southbridge)$280/sqft

25% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Southbridge, MA.

Financials

Original Price$259,900

Annual Taxes$3,922

Parking

Garage1

Off-Street3

Interior Specifications

Total Rooms6

FireplacesNone

Flooring--

BasementNone

Climate & Utilities

HeatingBaseboard, Oil

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

Construction--

Roof--

FoundationStone

ZoningR2

Property & Lot

Acres0.11

SqFt Lot4,792

Lot FeaturesCleared

Geography

Property History

Listed

$259,900

Aug 3, 2026

MLS® 73559467

Terminated

$265,000

Jul 29, 2026

MLS® 73550589

Listed

$265,000

Jul 15, 2026

MLS® 73550589

Population

17,928

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

57.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 621 sq ft (the lesser of 900 sq ft or half the 1,242 sq ft principal dwelling). Lot size: 4,792 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Southbridge, MA market report ZIP 01550 market data

Listing Provided By

Listing Agent: Michael Johnson

Listing Office: Lock and Key Realty Inc.

MLS® Number: 73559467