Sold

88 Cross St, Southbridge, MA

Southbridge · MA 01550

$1,130,000
Price
17
Beds
8
Baths
5224
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 9,226 Sq.Ft Lot
Price per square foot: $244 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

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.

Neighborhood & Transit

88 Cross St, Southbridge · MA 01550

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
162 days
Listing Price:
$1,275,000
Price per Sq.Ft:
$244
Tax Assessment:
$675,500 in 2025
Taxes:
$750 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
8
Half Bathrooms
0
Living Area
5,224 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5224
Flooring
Unknown
Lead paint
Yes, Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps, Other (See Remarks)

Exterior Features

Lot Size
9,226 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl, Other (See Remarks)
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jason Saphire
Listing office
www.HomeZu.com
MLS PIN #
73524298
Disclosure
We have lead compliance letters and buyers are to do their own due diligence