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.
- Basement:
- Partial, Unfinished
- Parking:
- Off Street
- Construction:
- Frame, See Remarks
- Flooring:
- Vinyl, Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, Other (see Remarks), 100 Amp Service
- Garage Parking
- Lead Paint:
- Certified Treated, Yes
- Laundry Features:
- Washer Hookup
- Road Type:
- Unimproved
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $253
- Zoning:
- R3
- No Units:
- 8
- Orig Price:
- $1,320,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Southbridge
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01550
- Longitude:
- W73° 57' 37.4''
- Latitude:
- N42° 4' 47.4''
Residential Income
88 Cross St, Southbridge, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,320,000
- Bedrooms :
- 17
- Rooms :
- 21
- Total Bathrooms :
- 8
- Full Bathrooms :
- 8
- Square Footage :
- 5,224 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.21 Acre
- Listing ID :
- 73524298
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
