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INVESTMENT SNAPSHOT
About this property
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
| Units | 2 |
| Living area | 1,450 sqft |
| Lot size | 4,792 sqft |
| Year built | 1940 |
| Price / sqft | $309 |
| County | Worcester |
| MLS # | 73518839 |
Listing status
| Days on market | 7 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $3,199 |
| Tax year | 2025 |
| Assessed value | $219,600 |
| Zoning | R3 |
| Gross income (actual) | $43,200/yr |
| Net operating income (actual) | $43,200/yr |
| Total actual rent | $3,600/mo |
Building & lot
| Stories | 3 |
| Total rooms | 6 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Shared Driveway, Off Street, Other |
| Basement | Unfinished |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame, See Remarks |
| Flooring | Vinyl, Carpet, Hardwood, Other |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Southbridge →
Listing courtesy of www.HomeZu.com — Jason Saphire. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 98 Cross St, Southbridge MA 01550 have?
It is a 2-unit multi-family property with 1,450 sqft of living area, built in 1940.
How long has 98 Cross St, Southbridge MA 01550 been on the market?
98 Cross St, Southbridge MA 01550 has been listed for 7 days (since May 14, 2026).
What is the price per unit?
At a list price of $448,000 across 2 units, that works out to roughly $224,000 per unit.
What are the property taxes on 98 Cross St, Southbridge MA 01550?
Annual property taxes are $3,199 (2025), on an assessed value of $219,600.
What is the price per square foot?
At $448,000 for 1,450 sqft, that's about $309 per square foot.
Is there parking?
2 total parking spaces (shared driveway, off street, other).
Where is this property located?
98 Cross St, Southbridge MA 01550 is in Southbridge, Worcester County, MA 01550.
