88 Cross St, Southbridge, MA 01550
- $1,275,000
- 17
- BD
- 8
- BA
- 5,224
- SqFt
Listing courtesy of Listing Agent: Jason Saphire from Listing Office: www.HomeZu.com.
- List Price
- $1,275,000
- Status
- ACTIVE
- Days on Market
- 71
- Price Change
- ▼ $45,000 1782188848
- MLS#
- 73524298
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 17
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 5,224
- Lot Size
- 9,226
- Acres
- 0.21
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.
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Additional Information
- Taxes
- $8,998
- Zoning
- R3
- Flooring
- Vinyl, Carpet, Hardwood
- Exterior Features
- Frame, See Remarks
- Stories
- 6
- Levels
- 6
- Foundation
- Stone
- Parking Features
- Off Street
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