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Active

88 Cross St, Southbridge MA 01550

$1,320,000

Estimated $2,890/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $165,000

Total Rent: 78576/year

Estimated CAP Rate:

17 Bedrooms

Baths

5224

Total Parking: 7

9,226 (0.21)

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.

This home has been viewed 14 times

Last Checked: May 31st, 2026 at 6:38am (Source: MLS PIN #73524298)

Gross Income: $78,576

Gross Expenses: $33,583

Net Income Calc: $44,993

Water Views

Annual Expenses for 88 Cross St, Southbridge MA 01550

Total Gross Expenses (Calculated)$33,583/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8998

Annual Income & Unit Breakdown for 88 Cross St, Southbridge MA 01550

Total Gross Income (Calculated)$78,576

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 88 Cross St, Southbridge MA 01550

Listing ID73524298

Property TypeMulti Family / 5+ Family

Price1320000 ($252.68/SqFt)

Style5-9 Family

CitySouthbridge

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5224

Approximate Lot Size (Acres)0.21

Total Parking7

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 88 Cross St, Southbridge MA 01550

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsChicken Run

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 88 Cross St, Southbridge MA 01550

Real Estate Taxes8998

Tax Year2025

Assessed Value$675,500

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 88 Cross St, Southbridge MA 01550

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 88 Cross St, Southbridge MA 01550

Agent

Name: Jason Saphire

Office

Name: www.HomeZu.com

Phone: 877-249-5478

Payment Calculator

, Interest

Property Taxes 749.83

Principal & Interest 8133.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

www.HomeZu.com

Jason Saphire

Agent Phone

Office Phone

(877) 249-5478

Text Agent Call Agent Call Office

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EXIT

16 More Photos

Active

88 Cross St, Southbridge MA 01550

$1,320,000

Annual Expenses for 88 Cross St, Southbridge MA 01550

Annual Income & Unit Breakdown for 88 Cross St, Southbridge MA 01550

General Information for 88 Cross St, Southbridge MA 01550

Disclosures for 88 Cross St, Southbridge MA 01550

Financial Information for 88 Cross St, Southbridge MA 01550

Location Information for 88 Cross St, Southbridge MA 01550

Contact Information for 88 Cross St, Southbridge MA 01550

Agent

Office

Payment Calculator

Exclusive Listing Agent

www.HomeZu.com

Jason Saphire