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98 Cross St, Southbridge MA 01550

Southbridge, MA 01550
$448,000
$430,000
Est. $2,641/month
4
Beds
2
Baths
1,450
Sq Ft
$297
Price/Sq Ft
0.11
Acres
1940
Year Built
2
Parking
57
Days on Market
Active Price Drop -$18,000 Listed May 14, 2026 • MLS# 73518839 Copied! • Updated Jun 26, 2026

About this home

Excellent investment opportunity! Solid 2-unit multifamily in Southbridge offering immediate cash flow. Both units are currently occupied 2BR/1BA generating strong rental income, with one unit becoming vacant after June 1st - ideal for an owner-occupant looking to live in one unit while collecting rent on the other, or an investor ready to set market rent at $1,850/month. Recent capital improvements include a new electric stove (March 2025) and water heater replacement (February 2026). Exterior porches freshly painted within the last two years. Low operating expenses with 2025 costs including taxes of $3,200, trash at $1,060, and water/sewer at $2,707. Strong proforma gross rent of $3,700/month. A turnkey opportunity — don't miss it! All information deemed reliable but not guaranteed. Buyer to perform their own due diligence.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4%
Price Range

Property Timeline

Price Reduced
Jun 22, 2026
$430,000 $18,000 (-4.02%)
From $448,000 to $430,000 (-4.0%)
🏠
Listed for Sale
May 14, 2026
$448,000
Original listing
Agent: Jason Saphire Office: www.HomeZu.com

Tax History

Year Taxes Assessment
2025 $3,199 $219,600

Financial Details

Annual Property Tax
$3,199
Tax Year 2025
Assessed Value
$219,600

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1940
Living Area 1,450 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 6

Investment Metrics

Units 2
Unit 1 Rent $1,800/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $3,600/mo
Gross Income $43,200
Net Operating Income $43,200
Cap Rate 10.05%
Heating None
Cooling None
Flooring Vinyl, Carpet, Hardwood, Other
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None
Construction Frame, See Remarks
Architecture None
Roof Shingle
Features Other
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Shared Driveway, Off Street, Other
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,199
Assessed Value $219,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Makes No Representations Or Warranties Regarding The Condition Of The Property. Property Is Being Sold As-is. Buyers Are Encouraged To Conduct Their Own Independent Inspections And Due Diligence Prior To Closing. Buyer To Verify All Information Independently.
Exclusions All Tenant Personal Belongings, Furniture, And Personal Property Belonging To Tenant
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Worcester
Total market time (incl. prior listings) 43 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1940
Bedrooms
4
Full Bathrooms
2
Living Area
1,450 sq ft
Total Rooms
6
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Carpet, Hardwood, Other
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials: Frame, See Remarks
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Other (See Remarks)
Water Source: Public
Sewer: Public Sewer
Energy Features: Other (See Remarks)

Exterior & Lot

Exterior Features: Other
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Shared Driveway, Off Street, Other

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $267
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

98 Cross St, Southbridge MA 01550

Southbridge, MA 01550

Listing Information

Listing Agent Jason Saphire
Listing Office www.HomeZu.com
Office Phone 877-249-5478
Agent MLS ID CN236778
Office MLS ID AN7148
Listing Data Updated Jun 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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