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Six-Unit Apartment Building
New
For Sale
$900,000

2-4 Cross St, Southbridge, MA 01550

Direct-entry apartments occupy a corner parcel with off-street parking and separately metered utilities.

Property Size4,992 SF
Lot Size0.12 Acres
Price / SF$108.79
Days on Market2

Property Features for 2-4 Cross St

General Information

Standard status Active
Size 4,992 SF
Total Parking Spaces 2
Lot size 0.12 Acres
Property subtype Multifamily

Units

Unit Mix 3 x 3BR/1BA, 3 x 2BR/1BA
Multifamily Units 6

Additional Details

Cap Rate 9.2%
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,770

Building Details

Building Size 4,992 SF
Year Built 1900
Listing Agency: Horvath & Tremblay
Listed By: Ethan Lazar · License #9582013
Source: Classifiedrealtygroup
Added: Sep 29 Last Checked: Sep 29 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

This six-unit apartment property contains three 3-bedroom, 1-bathroom residences and three 2-bedroom, 1-bathroom residences. The building provides 4,992 square feet of gross living area within 8,273 square feet of gross area, on a 0.12-acre parcel. Units have direct-entry access, and recent capital improvements include new siding. Construction dates to 1900.

Off-street parking is available, with more than two spaces. Utilities are separately metered; tenants pay for gas-fired heat, hot water, and electricity, while the landlord provides city water and sewer. The corner-lot property is in Southbridge, near the town's central business district, neighborhood retail corridors, and surrounding residential areas.

Key Highlights

  • Six apartments: three 3‑bedroom/1‑bathroom units and three 2‑bedroom/1‑bathroom units
  • 4,992 square feet of gross living area and 8,273 square feet of gross area
  • Situated on a 0.12‑acre corner parcel

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Bakery Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

Demographics for 01550, MA

17,740
Population
7,644
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
82%
High-School Grad
20.2 sq mi
ZIP Area
878
Density / Sq Mi
$59,397
Median Household Income
$41,365
Median Earnings
$1,157
Median Rent
$267,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Direct-entry apartments occupy a corner parcel with off-street parking and separately metered utilities.
Where is this apartment building located?
The property is located at 2-4 Cross St Southbridge, MA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Six apartments: three 3‑bedroom/1‑bathroom units and three 2‑bedroom/1‑bathroom units; 4,992 square feet of gross living area and 8,273 square feet of gross area; Situated on a 0.12‑acre corner parcel
More about this property
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