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88 Cross St
Southbridge, MA 01550

$1,320,000

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Listing Details

  • $1,320,000
  • MLS# 73524298
  • Type Multi Unit - Multiple
  • Status Active
  • 17
    Bedrooms
  • 8 full
    Bathrooms
  • 5,224
    Square Feet
  • 0.212 acres
    Lot Size
  • 1900
    Year Built

Listed By

Agency Name: www.HomeZu.com
Agent Name: Jason Saphire
Agency Phone: 877-249-5478

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

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...read more

Features

  • Vinyl
  • Carpet
  • Hardwood
  • 6.0 Stories
  • $8,998 Taxes
  • Public
  • Built in 1900

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