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Welcome to 388 Main Street, located in the heart of Oxford! Whether you're an investor looking to expand your portfolio or an owner-occupant seeking an opportunity to offset your mortgage with rental income, this versatile multifamily property offers plenty of potential!Conveniently situated near local shops, restaurants, everyday amenities, and just minutes from I-395, this centrally located property features three one-bedroom units, with one currently occupied and two vacant. This provides a great opportunity to move into one unit while generating rental income from the others, or bring in your own tenants and maximize the property's investment potential.Looking for even more upside? The property also offers potential for a fourth unit through renovation and improvements, subject to town approvals, creating an exciting opportunity to increase future rental income and add value.Additional highlights include **private parking** and separate electrical and heating systems for each unit, offering convenience and flexibility for both owners and tenants.With its desirable central location, flexible occupancy options, and potential for future expansion, 388 Main Street presents a unique opportunity for investors and owner-occupants alike. Bring your vision and explore the possibilities this property has to offer. Schedule your private showing today!

More Info

Basic Information

  • Lot Features Easements
  • Mls StatusNew
  • Parcel Number M:029C B:0C14 L:0000,4243707
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Road Frontage DescriptionPaved

Basic Information

  • List Price$375,000
  • MLS Number73600515
  • Modification Date11/11/2026
  • Property SubType3 Family
  • Virtual TourView Tour

Property

  • Acreage0.31

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 1,807
  • Lot Size Square Feet 13,500
  • Lot Size Units Acres
  • Square Feet1,807

Other

  • Date Listed11/10/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $332,400
  • Tax Year 2026
  • Taxes$4,065

Parking

  • Open Parking YN Yes
  • Parking Features Paved
  • Parking Spaces5

Location

  • Address388 Main Street
  • Building Number388
  • CountyWorcester
  • StateMA
  • StreetMain Street
  • TownOxford
  • Zip01540

Interior

  • Interior Features Living Room, Kitchen

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard, Oil
  • Sewer Private Sewer
  • Water Source Public

School Information

  • Elementary SchoolPer Board Of Ed
  • High SchoolBoard of Education
  • High School Per Board Of Ed
  • Junior HighPer Board Of Ed

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms3
  • Full Bath3

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone
  • Levels 3
  • Rooms10
  • Stories3
  • Units3
  • Year Built1877
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • AmenitiesShopping, Park, Highway Access
  • Appliances IncludedRange, Microwave, Refrigerator
  • Other AmenitiesBasement, Air Conditioning

Map Location

Listed by The Hamre Martin Team of Real Broker MA,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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