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    99 Cross Street, Southbridge, MA 01550

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    Claim this Listing
    For Sale
    $1,100,000

    Apartment buildings

    Type:Multi-family
    Property size:
    6,264 SF
    Price / SF:
    $175/SF
    Added:
    Apr 10, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 22 at 7:10 am

    Property Features for 99 Cross Street

    General Information

    Standard status
    Active
    Size
    6,264 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1900

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    Listing Contact
    We Close Deals Team

    Listing agent We Close Deals Team

    Listing office Lamacchia Realty,Inc.

    Listing date Apr 10, 2026

    Source Parksquarerealty

    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 Lamacchia Realty,Inc.

    HighLights

    • Great Location on Main Street
    • Turn‑key Restaurant Opportunity
    • Fully Equipped Kitchen Included
    • Outdoor Seating Available
    • High Foot Traffic Area
    • Ample Parking for Customers

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $137.6k $21.96
    − Vacancy −$3.6k −$0.57
    EGI $134.0k $21.39
    − OpEx −$60.3k −$9.63
    NOI $73.7k $11.76
    6,264 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.05M
    $921.1K – $1.23M (±1% cap)
    NOI $73,690 @ 7.0% cap · market cap 6.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.14M
    $1.87M – $2.50M (±1% cap)
    NOI $149,735 @ 7.0% cap · market cap 13.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0391193
    Latitude
    42.0796308

    FAQs

    Where is this apartment building located?
    The property is located at 99 Cross Street Southbridge, MA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Great Location on Main Street; Turn‑key Restaurant Opportunity; Fully Equipped Kitchen Included
    More about this property
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