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88 Cross St, Southbridge MA 01550

Southbridge, MA 01550
$1,320,000
Est. $7,624/month
17
Beds
8
Baths
5,224
Sq Ft
$253
Price/Sq Ft
0.21
Acres
1900
Year Built
3 hours 28 minutes
Time on Market
Active Listed May 26, 2026 • MLS# 73524298 Copied!

About this home

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.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
17
Full Bathrooms
8
Living Area
5,224 sq ft
Total Rooms
21
Stories
6
Levels
6

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,224 sq ft
Lot Size 0.21 acres
Bedrooms 17
Full Baths 8
Total Rooms 21

Interior

Heating None
Cooling None
Flooring Vinyl, Carpet, Hardwood
Appliances None
Fireplace None
Basement Partial, Unfinished
Laundry Washer Hookup
Features None

Exterior

Construction Frame, See Remarks
Architecture None
Roof Shingle, Rubber, Other
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street
Total Spaces 7

Utilities

Electric Circuit Breakers, 100 Amp Service, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven, For Electric Oven, Washer Hookup

Financial

Annual Tax $8,998
Assessed Value $675,500

Interior Features

Flooring: Vinyl, Carpet, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Partial, Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame, See Remarks
Roof: Shingle, Rubber, Other
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 7
Parking Features: Off Street

Location

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Neighborhood

88 Cross St, Southbridge MA 01550

Southbridge, MA 01550

Walkability

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Nearby Schools

School District
Southbridge School District local
F
School Safety 2024-25
6.0% Above Average
6.0% Suspensions 6.0% In-School
0.5% above state avg
E

Elementary Schools

3 schools
Trinity Catholic Academy
0.1 mi
Grades PK-08
C-
West Street School
0.6 mi | #724 of 824 | Score: 34.0
Improved 18 spots from last year
-24.2 below state avg
323 students Moderate
Grades 01-05
Eastford Road School
0.8 mi
397 students Moderate
Grades PK-01
M

Middle Schools

1 school
C
Southbridge Middle School
1.7 mi | #282 of 352 | Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students Diverse
Grades 06-08
H

High Schools

2 schools
Southbridge Academy
0.4 mi
21 students Diverse
Grades 06-12
C-
Southbridge High School
1.7 mi | #310 of 346 | Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students Moderate
12 sports • 498 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
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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 $750
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.

Property History

Property Timeline

🏠
Listed for Sale
May 26, 2026
$1,320,000
Original listing
Agent: Jason Saphire Office: www.HomeZu.com

Price & Status History

Date Event Price Change
May 26, 2026 New Listing Added $1,320,000

Market Statistics

Time on Market
3 hours 28 minutes
Price per Sq Ft
$253

Tax History

Year Taxes Assessment
2025 $8,998 $675,500

Financial Details

Annual Property Tax
$8,998
Tax Year 2025
Assessed Value
$675,500

Listing Information

Listing Agent Jason Saphire
Listing Office www.HomeZu.com
Agent MLS ID CN236778
Office MLS ID AN7148
Listing Data Updated May 26, 2026 6:17 PM 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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