98 Cross St, Southbridge, MA, 01550
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Frame,See Remarks
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl,Carpet,Hardwood,Other
- Finished area above ground: 1,450
Interior Area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
Property
Details
- Parcel number: 3977691
- Zoning: R3
- Exclusions: All Tenant Personal Belongings,Furniture,And Personal Property Belonging To Tenant
Features
- Patio & porch: Porch
- Exterior features: Other
Lot
- Lot size: 4,792 sqft
- Features: Other
Parking
- Total spaces: 2
- Parking features: Shared Driveway,Off Street,Other
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,174 | $26,088 |
| Home Insurance * | $197 | $2,364 |
| Property Taxes | $523 | $6,276 |
| Electricity | $354 | $4,259 |
| Total | $3,248 | $38,976 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Price change | $430,000 |
| 2026-05-14 | Listed for sale | $448,000 |
| 2024-09-11 | Listing removed | $1,635 |
| 2024-08-22 | Listed for rent | $1,635 |
| 2019-03-11 | Sold | $91,915 |
| 2004-03-29 | Sold | $78,000 |
| 2003-01-08 | Sold | $85,000 |
| 1995-10-06 | Sold | $33,000 |
| 1994-04-20 | Sold | $10,000 |
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