
138 Charlton St Southbridge — Photo 1 of 35
Recent Drop: $15,001
$324,999
Investment Analysis — 138 Charlton St
Southbridge, MA 01550
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01550 carries an estimated $2,140/mo in gross rent — about a 4.94% cap rate and $16,070/yr in estimated NOI at the $324,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,140
Style
Single Family
Built
1900
Don’t miss this opportunity! 138 Charlton Street offers the space, privacy, and location buyers are looking for, all at an attractive price point. This inviting 3-bedroom, 1.5-bath home features 1,140 square feet of comfortable living space and sits on an impressive .46-acre lot—giving you room to spread out that’s increasingly hard to find. Inside, you'll find a welcoming layout with spacious bedrooms, comfortable living areas, and plenty of natural light. But the real standout is the large private backyard, offering the perfect setting for summer gatherings, gardening, pets, play, or simply enjoying some peace and quiet. Enjoy the feeling of a private retreat while remaining just minutes from shopping, dining, schools, parks, and major routes. Whether you're a first-time buyer, looking for more outdoor space, downsizing, or seeking an investment opportunity, this home delivers space, privacy, convenience, and value. A half-acre of private outdoor space this close to everything is a rare find. Come see the possibilities at 138 Charlton Street before someone else does!
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: 570 sq ft (the lesser of 900 sq ft or half the 1,140 sq ft principal dwelling). Lot size: 20,038 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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
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Lvl SecondProperty History
$324,999
Was $325,000
Aug 19, 2026
MLS® 73531789
$325,000
Was $330,000
Aug 12, 2026
MLS® 73531789
$330,000
Was $340,000
Jul 17, 2026
MLS® 73531789
$340,000
Jun 8, 2026
MLS® 73531789
Listing Agent: Joshua Hoffsommer
Listing Office: ERA Key Realty Services- Auburn
MLS® Number: 73531789