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88 Cross St

Southbridge Town MA 01550

17
8
7
5224 sq. ft.
9226 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

17 bedrooms
8 bathrooms
7 carspaces
7 open car spaces
5224 sq. ft. floor area
9226 sq. ft. lot size
Other

Property history for 88 Cross St

2017
Sold
$190,000
10 Mar 2017 by Paula Waldroup, of Heart and Home Realty, LLC
2013
Sold
$105,000
16 May 2013 by Annette Astphan, of Coldwell Banker Residential Brokerage - Sturbridge

Happy sellers in Southbridge Town

85%
85% of sellers in Southbridge Town reported that their sale price either exceeded or met their price expectations.

Southbridge Town stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Southbridge Town over the last 12 months.

Local market activity for 17 bedroom other properties in Southbridge Town

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