$1,320,000 ($252.68 per sqft)

Est. Mortgage $6,416/mo *

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88 Cross St, Southbridge, MA, 01550

88 Cross St, Southbridge, MA, 01550

21 rooms

17 beds

8 Full baths

1900

5,224 sqft

Well-maintained 8-unit multifamily property in Southbridge offering immediate cash flow and strong rental history. The building consists of a mix of 1, 2, and 3-bedroom units — Basement (2BR), 1L (2BR), 1R (3BR), 1Rear (2BR), 2L (2BR), 2R (2BR), 3L (3BR), and 3R (1BR) — with current gross monthly rent of $9,242 and an average of $1,540/unit. Offered at $1,320,000. Annual expenses include property taxes, disposal & waste fees, electricity, and water & sewer. Several units currently show below-market rents, presenting upside potential for an experienced investor. Ideal for a 1031 exchange or portfolio addition. Easy highway access and proximity to local amenities make this a sought-after location for long-term tenants.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

8

Zoning:

R3

Energy Features:

Other (See Remarks)

Basement:

Partial, Unfinished

Levels:

6

Parking:

7-car, Off Street

Acreage:

0.21

Est. Taxes:

$8,998

Assessment

$675,500

Construction

Frame, See Remarks

Utilities

for Gas Oven, for Electric Oven, Washer Hookup

Lot Description:

Other

Amenities:

Other

MLS #:

73524298


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Jason Saphire, HOMEZU.COM OF FLORIDA