88 Cross St, Southbridge MA 01550

Southbridge, MA 01550

$1,320,000

Est. $7,624/month

Beds

Baths

5,224

Sq Ft

$253

Price/Sq Ft

0.21

Acres

1900

Year Built

5-9 Family

Type

4 hours 1 minute

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

Full Bathrooms

Living Area

5,224 sq ft

Total Rooms

Stories

Levels

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

⚠ School Safety 2024-25

6.0% Above Average

6.0% Suspensions 6.0% In-School

↑ 0.5% above state avg

Elementary Schools

5 schools

Trinity Catholic Academy

0.1 mi

Grades PK-08

Viewpoint Christian Academy

2.2 mi

Grades K-12

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

Charlton Street School

0.9 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

Middle Schools

1 school

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

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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Property Tax $750

Homeowners Insurance $200

PMI (if <20% down) $0

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Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

May 26, 2026

$1,320,000

Original listing

Agent: Jason Saphire Office: www.HomeZu.com

Date	Event	Price	Change	$/sqft	Details
05/26/2026	🏠 Listed for Sale	$1,320,000	-	-	Original listing

Price & Status History

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

Market Statistics

Time on Market

4 hours 1 minute

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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88 Cross St, Southbridge MA 01550

About this home

Property Overview

Facts & Features

Home Facts

Interior

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Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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