For sale

Price cut: $45K (6/22)

$1,275,000

88 Cross St, Southbridge, MA 01550

17beds

5,224sqft

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5-9 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$244/sqft

$-- HOA

What's special

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.

38 days

145

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 8
Full bathrooms: 8

Appliances

Laundry: Washer Hookup

Features

Flooring: Vinyl, Carpet, Hardwood
Basement: Partial,Unfinished
Has fireplace: No

Interior area

Total structure area: 5,224
Total interior livable area: 5,224 sqft
Finished area above ground: 5,224

Property

Parking

Total spaces: 7
Parking features: Off Street
Uncovered spaces: 7

Features

Patio & porch: Porch

Lot

Size: 9,226 Square Feet
Features: Other

Details

Parcel number: 3977692
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame, See Remarks
Foundation: Stone
Roof: Shingle,Rubber,Other

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Oven, for Electric Oven, Washer Hookup

Green energy

Energy efficient items: Other (See Remarks)

Community & HOA

Community

Features: Other

Location

Region: Southbridge

Financial & listing details

Price per square foot: $244/sqft
Tax assessed value: $675,500
Annual tax amount: $8,998
Date on market: 5/26/2026
Exclusions: Tenant Personal Property
Total actual rent: 9242
Road surface type: Unimproved

Estimated market value

Not available

Estimated sales range

Not available

$1,717/mo

Price history

Date	Event	Price
6/22/2026	Price change	$1,275,000-3.4%$244/sqft
Source: MLS PIN #73524298 Report a problem
5/26/2026	Listed for sale	$1,320,000$253/sqft
Source: MLS PIN #73524298 Report a problem
11/12/2024	Listing removed	$1,600
Source: Zillow Rentals Report a problem
10/23/2024	Listed for rent	$1,600
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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