BEDS17
BATHS8 full
SQUARE FEET5,224
MLS#73524298
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Unfinished
Lot Size: 0.21 Acres
Roof Type: Shingle, Rubber, Other
Stories: 6.0
Taxes: $8,998
Year Built: 1900
Feature Descriptions
Building Area Total: 5224
Community Features: Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 58
Dwelling Type: 5-9 Family
Electric: Circuit Breakers,100 Amp Service, Other (See Remarks)
Exclusions: Tenant Personal Property
Exterior: Frame, See Remarks
Flooring: Vinyl, Carpet, Hardwood
Laundry: Washer Hookup
Lot Features: Other
Parcel Number: 3977692
Parking Features: Off Street
Parking Total: 7
Patio And Porch: Porch
Rooms Total: 21
Sewer: Public Sewer
Units: 8
Utilities: for Gas Oven, for Electric Oven, Washer Hookup
Water: Public
Listed By / Shown By
Listed By
Agency Name: www.HomeZu.com
Agent Name: Jason Saphire
Agency Phone: 877-249-5478
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,959.31 per month $2,837.60 Principal & Interest $749.83 Property Tax $371.88 Homeowner's Insurance
88 Cross St | MLS# 73524298
This multi-family property located at 88 Cross St, Southbridge, MA 01550 is currently listed for sale with an asking price of $1,275,000. Search Southbridge real estate on www.masiellogrouprealestate.com today.