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INVESTMENT SNAPSHOT
About this property
Exceptional 7 unit multifamily investment opportunity featuring a balanced mix of 2 bedroom and 1 bedroom units. Strong monthly rental income of $11,320 per month. This property has gone through strategic renovations for ease of management and unit turnover. Several residential units have been recently updated, enhancing tenant appeal while leaving room for value-add improvements. At purchase cap rate is around 8.5%. Reach out for group showing accommodations and further financial info.
Property details
| Units | 7 |
| Living area | 6,264 sqft |
| Lot size | 13,504 sqft |
| Year built | 1900 |
| Price / sqft | $176 |
| County | Worcester |
| MLS # | 73500289 |
Listing status
| Days on market | 57 days |
| Listed on | April 12, 2026 |
Taxes & financials
| Annual property tax | $9,378 |
| Tax year | 2025 |
| Assessed value | $639,700 |
| Zoning | R3 |
| Gross income (actual) | $136,200/yr |
| Net operating income (actual) | $111,000/yr |
| Total actual rent | $11,200/mo |
Building & lot
| Stories | 3 |
| Total rooms | 24 |
| Lot size | 0.31 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive |
| Basement | Full, Dirt Floor |
| Foundation | Stone, Brick/Mortar |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Southbridge →
Listing courtesy of Lamacchia Realty, Inc. — We Close Deals Team. 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 99 Cross St, Southbridge MA 01550 have?
It is a 7-unit multi-family property with 6,264 sqft of living area, built in 1900.
How long has 99 Cross St, Southbridge MA 01550 been on the market?
99 Cross St, Southbridge MA 01550 has been listed for 57 days (since April 12, 2026).
What is the price per unit?
At a list price of $1,100,000 across 7 units, that works out to roughly $157,143 per unit.
What are the property taxes on 99 Cross St, Southbridge MA 01550?
Annual property taxes are $9,378 (2025), on an assessed value of $639,700.
What is the price per square foot?
At $1,100,000 for 6,264 sqft, that's about $176 per square foot.
Is there parking?
6 total parking spaces (paved drive).
Where is this property located?
99 Cross St, Southbridge MA 01550 is in Southbridge, Worcester County, MA 01550.
