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59 Cross St., Southbridge MA 01550

Southbridge, MA 01550
$680,000
Est. $4,233/month
10
Beds
4
Baths
3,504
Sq Ft
$194
Price/Sq Ft
0.32
Acres
1900
Year Built
4
Parking
10
Days on Market
Active Listed Jun 30, 2026 • MLS# 73543407 Copied! • Updated Jul 4, 2026

About this home

Investor or owner-occupant opportunity in Southbridge! This well-maintained 4-unit multifamily features two 3BR/1BA and two 2BR/1BA units, currently 75% occupied with strong in-place rents of $4,660/month. Live in one unit while your tenants pay your mortgage - with proforma rents of $6,984/month, the numbers work beautifully. Seller has invested $32,750 in recent capital improvements across all units and common areas. Low operating expenses with 2025 actuals documented. All leases in place through late 2026. A rare chance to own a cash-flowing property and build wealth from day one.

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Property History

Property Timeline

🏠
Listed for Sale
Jun 30, 2026
$680,000
Original listing
Agent: Jason Saphire Office: www.HomeZu.com

Tax History

Year Taxes Assessment
2025 $7,130 $457,600

Financial Details

Annual Property Tax
$7,130
Tax Year 2025
Assessed Value
$457,600

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 3,504 sq ft
Lot Size 0.32 acres
Bedrooms 10
Full Baths 4
Total Rooms 18

Investment Metrics

Units 4
Unit 1 Rent $1,500/mo · Y
Unit 2 Rent $1,635/mo · Y
Unit 3 Rent $1,525/mo · Y
Unit 4 Rent — · N
Total Monthly Rent $4,660/mo
Gross Income $55,920
Net Operating Income $38,987
Operating Expenses $16,933
Water/Sewer Expense $5,804
Electric Expense $1,349
Cap Rate 5.73%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None
Construction Frame, See Remarks
Architecture None
Roof Shingle, Other
Features Other
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street, Paved
Total Spaces 4
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $7,130
Assessed Value $457,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Three Units Are Tenant-occupied; Showings Require Advance Notice. Sold As-is. Buyers To Perform Their Own Due Diligence.
Exclusions All Personal Property Belonging To Current Tenants
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
10
Full Bathrooms
4
Living Area
3,504 sq ft
Total Rooms
18
Stories
4
Levels
4

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:
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame, See Remarks
Roof: Shingle, Other
Foundation: Block, Stone, Other
Stories: 4

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Other
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Cleared, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved
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
D
Charlton Street School
0.8 mi | #782 of 824 | Score: 30.2
Improved 50 spots from last year
-28 below state avg
288 students Diverse
Rising School
Grades PK-05
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
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $594
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

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Current Rate
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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

59 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 Jul 4, 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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