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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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/25/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/22/2026 | ↓ Price Reduced | $1,275,000 | $45,000 | - | From $1,320,000 to $1,275,000 (-3.4%) |
| 05/26/2026 | 🏠 Listed for Sale | $1,320,000 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,998 | $675,500 |
88 Cross St, Southbridge MA 01550
Southbridge, MA 01550
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