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.
For sale
Price cut: $18K (6/22)
$430,000
98 Cross St, Southbridge, MA 01550
4beds
1,450sqft
Multi Family
Built in 1940
-- sqft lot
$423,400 Zestimate®
$297/sqft
$-- HOA
What's special
New electric stoveWater heater replacementExterior porches freshly painted
- 49 days |
- 176 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jason Saphire 877-249-5478,
www.HomeZu.com 877-249-5478
Source: MLS PIN,MLS#: 73518839
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl, Carpet, Hardwood, Other
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
- Finished area above ground: 1,450
Property
Parking
- Total spaces: 2
- Parking features: Shared Driveway, Off Street, Other
- Uncovered spaces: 2
Features
- Patio & porch: Porch
- Exterior features: Other
Lot
- Size: 4,792 Square Feet
- Features: Other
Details
- Parcel number: 3977691
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, See Remarks
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Other (See Remarks)
Community & HOA
Community
- Features: Other
Location
- Region: Southbridge
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $219,600
- Annual tax amount: $3,199
- Date on market: 5/14/2026
- Exclusions: All Tenant Personal Belongings, Furniture, And Personal Property Belonging To Tenant
- Total actual rent: 3600
Estimated market value
$423,400
$402,000 - $445,000
$1,873/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $430,000-4%$297/sqft |
Source: MLS PIN #73518839 Report a problem | ||
| 5/14/2026 | Listed for sale | $448,000+387.4%$309/sqft |
Source: MLS PIN #73518839 Report a problem | ||
| 9/11/2024 | Listing removed | $1,635$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Listed for rent | $1,635$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/11/2019 | Sold | $91,915+17.8%$63/sqft |
Source: Public Record Report a problem | ||
| 3/29/2004 | Sold | $78,000-8.2%$54/sqft |
Source: Public Record Report a problem | ||
| 1/8/2003 | Sold | $85,000+157.6%$59/sqft |
Source: Public Record Report a problem | ||
| 10/6/1995 | Sold | $33,000+230%$23/sqft |
Source: Public Record Report a problem | ||
| 4/20/1994 | Sold | $10,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,054 +10.7% | $208,300 +15.2% |
| 2024 | $2,759 +6.9% | $180,800 +11% |
| 2023 | $2,580 +6.2% | $162,900 +20% |
| 2022 | $2,429 +14.3% | $135,700 +24.2% |
| 2021 | $2,125 +12.7% | $109,300 +12.9% |
| 2020 | $1,886 +0.1% | $96,800 +6.6% |
| 2018 | $1,884 +9% | $90,800 +8.1% |
| 2017 | $1,728 +1.8% | $84,000 |
| 2016 | $1,698 -9.3% | $84,000 -8.7% |
| 2015 | $1,873 +3.7% | $92,000 |
| 2014 | $1,807 +6.4% | $92,000 |
| 2013 | $1,699 +3.6% | $92,000 |
| 2012 | $1,640 +3.7% | $92,000 -0.3% |
| 2011 | $1,582 +5.5% | $92,300 -6.7% |
| 2010 | $1,499 -11.9% | $98,900 -26.7% |
| 2009 | $1,702 +3.8% | $135,000 -2.8% |
| 2008 | $1,640 -0.4% | $138,900 -5.4% |
| 2007 | $1,646 +6.9% | $146,800 +11% |
| 2006 | $1,540 +34.7% | $132,300 +33.1% |
| 2005 | $1,143 +15.2% | $99,400 +18.1% |
| 2004 | $992 +11% | $84,200 +52.8% |
| 2003 | $894 +2.9% | $55,100 |
| 2001 | $869 | $55,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: 01550
Nearby schools
GreatSchools rating
- 2/10West Street SchoolGrades: 1-5Distance: 0.5 mi
- 6/10Southbridge Middle SchoolGrades: 6-8Distance: 1.7 mi
- 1/10Southbridge High SchoolGrades: 9-12Distance: 1.7 mi
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