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$ 1,320,000
Est. payment /mo
New
88 Cross St Southbridge, MA 01550
17 Beds
8 Baths
5,224 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,224 sqft
Price per Sqft $252
MLS Listing ID 73524298
Bedrooms 17
Full Baths 8
Year Built 1900
Annual Tax Amount $8,998
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Worcester
Zoning R3
Direction On Cross St
Rooms
Basement Partial, Unfinished
Interior
Flooring Vinyl, Carpet, Hardwood
Laundry Washer Hookup
Exterior
Community Features Other
Utilities Available for Gas Oven, for Electric Oven, Washer Hookup
Roof Type Shingle,Rubber,Other
Total Parking Spaces 7
Garage No
Building
Lot Description Other
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by www.HomeZu.com