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
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Listing courtesy of Jason Saphire, HOMEZU.COM OF FLORIDA