OFF MARKET

Off Market Apr 2024 for $800K

—

•

5,239

sq ft

40 Sturbridge Rd, Charlton, MA 01507

About this home

Presenting this turnkey 6 unit income producing asset located in Charlton, MA just off of Route 20. The building features 4 - three bed/one bath units, 1 - two bed/one bath unit and 1 - one bed/one bath unit. The building has been well maintained and managed with 6 newly installed water heaters, 4 being tankless, furnace use was removed to avoid future expenses and new gutters installed. CapEx has been addressed. Both structure and units are in great condition. 40 Sturbridge Rd presents an extremely strong rent roll at purchase. Current NOI is nearly $70,000 with the ability for rental increases bringing proforma NOI to $96,000.

Multi-familyProperty Type

1880Year Built

1.27 acresLot Size

$153Price/Sq.Ft.

10 spacesParking

Listed by Benjamin Carbone • Byrnes Real Estate Group LLC

Bought with Benjamin Carbone • Byrnes Real Estate Group LLC

Redfin checked: 2 minutes ago

•Source:MLS PIN #73203378

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 01507, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

+0.3% MoM

Median sale price

$499K

$16K MoM

Avg. days on market

28d

1 days MoM

Recently sold homes

9 MoM

New listings for sale

OPEN SEP 14, 4PM TO 6PM
$749,000
3 beds2 baths2,360 sq ft
199 Center Depot Rd, Charlton, MA 01507
$395,000
3 beds1 bath1,303 sq ft
9 Richardson Corner Rd, Charlton, MA 01507
OPEN TODAY, 12PM TO 2PM
$529,900
3 beds2 baths2,163 sq ft
2 Highland Ave, Charlton, MA 01507
OPEN TODAY, 10AM TO 12PM
$649,000
4 beds2.5 baths2,484 sq ft
22 Ponnakin Hill Rd, Charlton, MA 01507
OPEN TODAY, 12PM TO 2PM
$350,000
3 beds1 bath1,008 sq ft
53 H Putnam Rd, Charlton, MA 01507
$629,000
4 beds2.5 baths2,532 sq ft
2 Sawmill Cir, Charlton, MA 01507
OPEN TODAY, 12PM TO 2PM
$479,000
3 beds2 baths2,000 sq ft
261 Brookfield Rd, Charlton, MA 01507
3D WALKTHROUGH
$850,000
3 beds3 baths3,206 sq ft
202 Freeman Rd, Charlton, MA 01507
OPEN TODAY, 3:30PM TO 4:30PM
$769,995
4 beds2.5 baths2,697 sq ft
69 Denfield Rd, Charlton, MA 01507
See all

Provided by Redfin

Sale history for 40 Sturbridge Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,640 (+32.4%)

$105,100 + $522,700

$627,800

2022

$5,772 (+54.2%)

$72,100 + $362,200

$434,300

2020

$3,742 (+1.1%)

$72,100 + $178,400

$250,500

2019

$3,700 (+9.4%)

$72,100 + $178,400

$250,500

2018

$3,382 (+5.5%)

$72,100 + $178,400

$250,500

2017

$3,205 (+2.3%)

$72,100 + $155,200

$227,300

2016

$3,132 (+2.7%)

$72,100 + $155,200

$227,300

2015

$3,050 (−0.3%)

$72,100 + $155,200

$227,300

2014

$3,060 (+8.3%)

$88,500 + $153,200

$241,700

2013

$2,825 (+2.5%)

$88,500 + $141,200

$229,700

2012

$2,756 (+5.9%)

$88,500 + $141,200

$229,700

2011

$2,602 (+13.0%)

$88,500 + $136,400

$224,900

2010

$2,303 (+13.2%)

$88,500 + $136,400

$224,900

2009

$2,035

$88,500 + $136,400

$224,900

Tax history for 40 Sturbridge Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,640 (+32.4%)

$105,100 + $522,700

$627,800

2022

$5,772 (+54.2%)

$72,100 + $362,200

$434,300

2020

$3,742 (+1.1%)

$72,100 + $178,400

$250,500

2019

$3,700 (+9.4%)

$72,100 + $178,400

$250,500

2018

$3,382 (+5.5%)

$72,100 + $178,400

$250,500

2017

$3,205 (+2.3%)

$72,100 + $155,200

$227,300

2016

$3,132 (+2.7%)

$72,100 + $155,200

$227,300

2015

$3,050 (−0.3%)

$72,100 + $155,200

$227,300

2014

$3,060 (+8.3%)

$88,500 + $153,200

$241,700

2013

$2,825 (+2.5%)

$88,500 + $141,200

$229,700

2012

$2,756 (+5.9%)

$88,500 + $141,200

$229,700

2011

$2,602 (+13.0%)

$88,500 + $136,400

$224,900

2010

$2,303 (+13.2%)

$88,500 + $136,400

$224,900

2009

$2,035

$88,500 + $136,400

$224,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.4 Acres

Year renovated

—

Sq. Ft.

5,239

Year built

1880

Style

Multi-Family (5+ Unit)

County

Worcester County

APN

1478862

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Parking

Parking Information
Parking Spaces: 10
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 6

Basement Information
Basement: Full, Sump Pump

Interior Features
# of Rooms (Total): 29

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #3 Information
# of Floors: 2
Lease: Y

Unit #4 Information
# of Floors: 2
Lease: Y

Exterior

Building Information
Building Area (Total): 5,239
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual

Exterior Features
Roof: Shingle

Property Information
PropertySubType: 5-9 Family

Lot Information
Lot Size (Acres): 1.27
Lot Features: Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $7,727
Tax Year: 2024

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Private

Heating & Cooling
Has Heating
Heating: Electric, Propane

Location

Location Information
Directions: Rt. 20 just before Amazon on your right
UnparsedAddress: 40 Sturbridge Rd, Charlton MA 01507

Community Information
Senior CommunityYN: No

Public facts

Beds: 10
Baths: 6.0
Sq. Ft.: 5,239
Stories: 2.0
Lot Size: 1.4 acres
Style: Multi-Family (5+ Unit)
Year Built: 1880
Year Renovated: —
County: Worcester County
APN: 1478862

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Charlton Elementary School

Public PreK-1 • Assigned • 1.8mi

Charlton Middle School

Public 5-8 • Assigned • 3.3mi

4/10

Shepherd Hill Regional High School

Public 9-12 • Assigned • 7.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 42-56% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 93° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Charlton, MA • 01507

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 01507

OPEN SEP 14, 4PM TO 6PM

$749,000

3 beds2 baths2,360 sq ft

199 Center Depot Rd, Charlton, MA 01507

$395,000

3 beds1 bath1,303 sq ft

9 Richardson Corner Rd, Charlton, MA 01507

OPEN TODAY, 12PM TO 2PM

$529,900

3 beds2 baths2,163 sq ft

2 Highland Ave, Charlton, MA 01507

OPEN TODAY, 10AM TO 12PM

$649,000

4 beds2.5 baths2,484 sq ft

22 Ponnakin Hill Rd, Charlton, MA 01507

OPEN TODAY, 12PM TO 2PM

$350,000

3 beds1 bath1,008 sq ft

53 H Putnam Rd, Charlton, MA 01507

$629,000

4 beds2.5 baths2,532 sq ft

2 Sawmill Cir, Charlton, MA 01507

OPEN TODAY, 12PM TO 2PM

$479,000

3 beds2 baths2,000 sq ft

261 Brookfield Rd, Charlton, MA 01507

3D WALKTHROUGH

$850,000

3 beds3 baths3,206 sq ft

202 Freeman Rd, Charlton, MA 01507

OPEN TODAY, 3:30PM TO 4:30PM

$769,995

4 beds2.5 baths2,697 sq ft

69 Denfield Rd, Charlton, MA 01507

Home values near 40 Sturbridge Rd

Data from public records.

Address	Redfin Estimate
46 Sturbridge Road, Charlton, MA 3 Beds \| 1 Baths \| 1432 Sq. Ft.	$314,006
27 Sturbridge Road, Charlton, MA 4 Beds \| 2.5 Baths \| 2309 Sq. Ft.	$394,697

Address	Redfin Estimate
24 Sturbridge Road, Charlton, MA 3 Beds \| 1.5 Baths \| 1974 Sq. Ft.	$516,490
25 Sturbridge Road, Charlton, MA 3 Beds \| 1.5 Baths \| 2392 Sq. Ft.	$440,997

Address	Redfin Estimate
19 Sturbridge Road, Charlton, MA 3 Beds \| 2.5 Baths \| 2777 Sq. Ft.	$494,502
53 Sturbridge Road, Charlton, MA 8 Beds \| 9.5 Baths \| 3172505 Sq. Ft.	$3,618,987

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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