Property Description
Investor or owner-occupant opportunity in Southbridge! This well-maintained 4-unit multifamily features two 3BR/1BA and two 2BR/1BA units, currently 75% occupied with strong in-place rents of $4,660/month. Live in one unit while your tenants pay your mortgage – with proforma rents of $6,984/month, the numbers work beautifully. Seller has invested $32,750 in recent capital improvements across all units and common areas. Low operating expenses with 2025 actuals documented. All leases in place through late 2026. A rare chance to own a cash-flowing property and build wealth from day one.
Features
- Basement:
- Unfinished
- Parking:
- Off Street, Paved, Paved Drive
- Construction:
- Frame, See Remarks
- Exterior Unit Features:
- Other
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- The listing broker is the spouse of the seller.
- Electric Feature:
- Circuit Breakers, 100 Amp Service
- Garage Parking
- Lead Paint:
- Unknown
- Road Type:
- Paved
Additional Information
- Market Time:
- 4
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $194
- Zoning:
- R3
- No Units:
- 4
- Orig Price:
- $680,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Southbridge
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01550
- Longitude:
- W73° 57' 39.9''
- Latitude:
- N42° 4' 50.5''
Residential Income
59 Cross St., Southbridge, Massachusetts
10 Bedrooms
4 Total Bathrooms
3,504 Sqft
$680,000
Listing ID #73543407
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $680,000
- Bedrooms :
- 10
- Rooms :
- 18
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 3,504 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.32 Acre
- Listing ID :
- 73543407
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent
