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78 Ellis Rd Southbridge — Photo 1 of 33

78 Ellis Rd Southbridge — Photo 1 of 33

$359,900

Investment Analysis — 78 Ellis Rd

Southbridge, MA 01550

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01550 carries an estimated $1,730/mo in gross rent — about a 3.18% cap rate and $11,437/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,362

Style

Single Family

Built

1982

Welcome to 78 Ellis Road! This split-entry home offers a bright, comfortable layout with plenty of flexible living space. Fully owned solar panels offer the benefit of reduced electricity costs, while the pellet stove provides a cozy additional heat source during the colder months.The main level features a sun-filled living room with a large bay window and an eat-in kitchen with direct access to the back deck—the perfect spot to sip your morning coffee while enjoying the peaceful, wooded surroundings. Two generously sized bedrooms and a beautifully renovated full bathroom complete the main level.Downstairs, the partially finished lower level features two freshly renovated bonus rooms, providing flexible space for a playroom, home gym, family room, office, hobbies, or whatever best suits your needs.Outside, enjoy nearly half an acre with a level, fenced backyard, spacious deck, storage shed, and plenty of room for outdoor entertaining. A paved driveway offers ample off-street parking.Located just over the Charlton line with convenient access to Route 20, this home offers the best of both worlds—a peaceful backyard setting while still being close to shopping, dining, recreation, and everyday amenities.

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: 681 sq ft (the lesser of 900 sq ft or half the 1,362 sq ft principal dwelling). Lot size: 21,344 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.

Open Houses

Property Details

Financials

Original Price$359,900
Annual Taxes$4,341

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile
BasementPartially Finished, Bulkhead, Concrete

Climate & Utilities

HeatingElectric Baseboard, Electric, Pellet Stove
CoolingWindow Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.49
SqFt Lot21,344
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Kayla Merriman

Listing Office: Byrnes Real Estate Group LLC

MLS® Number: 73577950