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2-4 Cross St Southbridge — Photo 1 of 17

2-4 Cross St Southbridge — Photo 1 of 17

$900,000

Investment Analysis — 2-4 Cross St

Southbridge, MA 01550

Based on rent reported on the MLS listing, a 6-unit multi-family in 01550 carries $10,350/mo in gross rent — about a 9.62% cap rate and $86,622/yr in estimated NOI at the $900,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

15

Baths

6

SqFt

4,992

Style

5-9 Family

Built

1900

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$900,000
Annual Taxes$7,770

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms27
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks
RoofAsphalt/Composition Shingles
FoundationStone
ZoningR3

Property & Lot

Acres0.12
SqFt Lot5,227
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Ethan Lazar

Listing Office: Horvath & Tremblay

MLS® Number: 73583391