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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.

More Info

Basic Information

  • Gross Income $110,904
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number 3977692
  • Road Frontage DescriptionUnimproved

Tax Information

  • Tax Assessed Value $675,500
  • Tax Year 2025
  • Taxes$8,998

Parking

  • Parking Features Off Street
  • Parking Spaces7

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms17
  • Full Bath8

Basic Information

  • List Price$1,320,000
  • MLS Number73524298
  • Modification Date05/26/2026
  • Property SubType5-9 Family

Location

  • Address88 Cross Street
  • Building Number88
  • CountyWorcester
  • StateMA
  • StreetCross Street
  • TownSouthbridge
  • Zip01550

Building

  • BasementPartial, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame, See Remarks
  • FoundationStone
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms21
  • Stories6
  • Units8
  • Utilities For Gas Oven, For Electric Oven, Washer Hookup
  • Year Built1900
  • Year Built Details Unknown/Mixed
  • Year Built Source Public Records

Property

  • Acreage0.21

Interior

  • Flooring Vinyl, Carpet, Hardwood

Exterior

  • RoofShingle, Rubber, Other

Utilities

  • Electric Circuit Breakers,100 Amp Service, Other (See Remarks)
  • Electric Expense 2085
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,224
  • Lot Size Square Feet 9,226
  • Lot Size Units Acres
  • Square Feet5,224

Amenities

  • AmenitiesOther
  • Green Energy Efficient Other (See Remarks)
  • Other AmenitiesBasement

Legal

  • ZoningR3

Other

  • Date Listed05/26/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jason Saphire of www.HomeZu.com

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