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98 Cross St, Southbridge MA 01550

Southbridge, MA 01550
$448,000
Est. $2,732/month
4
Beds
2
Baths
1,450
Sq Ft
$309
Price/Sq Ft
0.11
Acres
1940
Year Built
3 hours 42 minutes
Time on Market
Active Listed May 14, 2026 • MLS# 73518839 Copied!

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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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

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

Interior

Heating None
Cooling None
Flooring Vinyl, Carpet, Hardwood, Other
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

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

Parking

Features Shared Driveway, Off Street, Other
Total Spaces 2

Utilities

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

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

Location

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Neighborhood

98 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

5 schools
Trinity Catholic Academy
0.2 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
D
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
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 $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.

Property History

Property Timeline

🏠
Listed for Sale
May 14, 2026
$448,000
Original listing
Agent: Jason Saphire Office: www.HomeZu.com

Price & Status History

Date Event Price Change
May 14, 2026 New Listing Added $448,000

Market Statistics

Time on Market
3 hours 42 minutes
Price per Sq Ft
$309

Tax History

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

Financial Details

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

Listing Information

Listing Agent Jason Saphire
Listing Office www.HomeZu.com
Agent MLS ID CN236778
Office MLS ID AN7148
Listing Data Updated May 14, 2026 9:18 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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