88 Cross St, Southbridge, MA 01550

$1,275,000
17
BD
8
BA
5,224
SqFt

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List Price
$1,275,000
Status
ACTIVE
MLS#
73524298
Price Change
▼ $45,000 1782188848
Year Built
1900
Levels
6
Bedrooms
17
Bathrooms
8
Acres
0.21
Living Area
5,224

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.

Additional Information

Taxes
$8,998
Lot Desc
Other
Lot Size
9,226
Flooring
Vinyl, Carpet, Hardwood
Sewer
Public Sewer
Water Source
Public
Exterior
Frame, See Remarks
Parking Spaces
7

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jason Saphire from Listing Office: www.HomeZu.com.

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