98 Cross St, Southbridge, MA 01550
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$448,000
2 Unit
4 Beds
2 Baths
1450 SQFT
0.11 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Other (See Remarks)
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 43200
  • Net Operating Income: 43200

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Other (See Remarks), Underground
  • Energy Features: Other (See Remarks), Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1940
  • Construction Type: Aluminum, Frame, Other (See Remarks)
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Other (See Remarks), Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73518839
  • Last Updated: 05/21/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/18/2026Active$448,000$309MLSPIN
05/14/2026New$448,000$309MLSPIN

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Seller's Representative: Jason Saphire, www.HomeZu.com
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-21 21:31:00

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