$900,000
15
Beds
6
Baths
4,992
Living Area
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Property Description
2-4 Cross St contains three (3) 3-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 4,992 square feet of gross living area in 8,273 square feet of gross area. The Property is situated upon a 0.12-acre parcel and features over two (2+) off-street parking spaces. 2-4 Cross Street, with all units featuring desirable direct-entry style units on a well-positioned corner lot, has been well-maintained by current ownership. The Property features strong in-place rents, offering immediate cash flow, and recent CapEx includes new building siding. The Property features separately metered utilities, with tenants responsible for gas powered heat & hot water, as well as electricity. The Landlord is responsible for providing city water & sewer. The Property is well-positioned in Southbridge, offering convenient access to the town’s central business district, neighborhood retail corridors, and surrounding residential areas. Listed at a 9.2% cap rate.
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Highlights
- Heating: Natural Gas
- Parking Spots: 2
- Property Type: 5-9 Family
- Total Rooms: 27
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Basement: Unfinished
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
- Construction: See Remarks
- Lot Features: Corner Lot
- Roof: Asphalt/Composition Shingles
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $521,800
- Tax Year: 2026
- Total Rent: $10,350
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,770
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.