59 Cross St
$680,000
10
Beds
4
Baths
3,504
Sqft
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$680,000
10
Beds
4
Baths
3,504
Living Area
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Property Description
Investor or owner-occupant opportunity in Southbridge! This well-maintained 4-unit multifamily features two 3BR/1BA and two 2BR/1BA units, currently 75% occupied with strong in-place rents of $4,660/month. Live in one unit while your tenants pay your mortgage - with proforma rents of $6,984/month, the numbers work beautifully. Seller has invested $32,750 in recent capital improvements across all units and common areas. Low operating expenses with 2025 actuals documented. All leases in place through late 2026. A rare chance to own a cash-flowing property and build wealth from day one.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Parking Spots: 4
- Property Type: 4 Family
- Total Rooms: 18
- Status: Active
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Additional Details
- Basement: Unfinished
- Exclusions: All Personal Property Belonging To Current Tenants
- Foundation: Block, Stone, Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Unknown/Mixed
- Zoning: R3
- Construction: Frame, See Remarks
- Exterior Features: Other
- Lot Features: Cleared, Level
- Roof: Shingle, Other
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Sidewalks
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $457,600
- Taxes: $7,130
- Tax Year: 2025
- Total Rent: $4,660
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