This massive 14,500 SQFT mixed-use income generator! Offering unmatched flexibility and incredible cash-flow potential, this powerhouse property features 4 fully updated residential units, a prime commercial storefront, and a massive warehouse/workshop component. A true standout asset is the huge, paved parking lot—roughly the size of a half football field—perfect for commercial vehicles or tenant parking. As an incredible added bonus, a section of the warehouse has been spectacularly transformed into a climate-controlled, fully finished 2-bedroom suite—complete with a full kitchen, full bath, and its own mini-split system. Perfect for an owner-occupant, a luxury manager's office. The upper floors hold four highly rentable 2-bedroom apartments, plus a full top floor for extra storage rooms. Unbeatable location close to Rt 20, 169, and the Mass Pike!
This home has been viewed 10 times
Last Checked: June 12th, 2026 at 11:33am (Source: MLS PIN #73534995)
Gross Income: $36,000
Gross Expenses: $7,510
Net Income Calc: $28,490
Annual Expenses for 166 Mechanic St, Southbridge MA 01550
Total Gross Expenses (Calculated)$7,510/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7510
Annual Income & Unit Breakdown for 166 Mechanic St, Southbridge MA 01550
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Levels in Unit0
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Levels in Unit0
Rent IncludesHeat
General Information for 166 Mechanic St, Southbridge MA 01550
Listing ID73534995
Property TypeMulti Family / 2 Family
Price780000 ($53.79/SqFt)
Style2 Family - 2 Units Up/down
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total14500
Approximate Lot Size (Acres)0.28
Total Parking10
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 166 Mechanic St, Southbridge MA 01550
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsArt
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 166 Mechanic St, Southbridge MA 01550
Real Estate Taxes7510
Tax Year2025
Assessed Value$601,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 166 Mechanic St, Southbridge MA 01550
Neighborhood(s)
Area Amenities
Contact Information for 166 Mechanic St, Southbridge MA 01550