69–73 Cross Street
69–73 Cross Street, Southbridge, MA 01550
Five-unit multifamily opportunity with documented unit mix and improvements.
Property overview
An industrial opportunity with real operating context.
69–73 Cross Street is a five-unit multifamily property with one four-bedroom apartment and four two-bedroom apartments. Seller materials report full occupancy, forced-hot-air heat, tenant-paid gas hot water, and recent work to common areas, the garage, and two identified units.
Unit count
5 units
Building count
1 building
Unit mix
1 four-bedroom · 4 two-bedroom
Occupancy
5 of 5 shown occupied
Heating
Forced hot air
Highlights from the package
Property details that matter.
01
Recent work to common areas and the garage is noted.
02
Units 73-1 and 73-2 are identified as renovated.
03
Gas hot water is described as tenant paid.
04
National Grid electric and gas utilities are listed.
Seller reported financials
Investment snapshot.
Public financial information from the supplied seller package. LGCY has not independently verified these figures.
Asking price
$825,000
Price per unit
$165,000 per unit
Gross rent / month
$7,673
Gross rent / year
$92,076
Occupied
100% (5 of 5)
Gross rent multiplier
8.96
Cap rate, listed expenses
9.3%*
Net after listed expenses
$77,121/yr
Rent upside
+$1,063/mo
Rent upside basis
To market per seller rent roll · $12,756/yr
Total monthly market
$8,736
Annual expenses
Seller reported rent roll
Seller rent roll and expense records dated 5/6/2026
| Unit | Layout | Current | Market | Lease end |
|---|---|---|---|---|
| 69-1 | 2/1 | $1,425 | $1,635 | At will |
| 71-1 | 2/1 | $1,700 | $1,635 | N/A |
| 71-2 | 4/1 | $1,550 | $2,196 | At will |
| 73-1 | 2/1 | $1,525 | $1,635 | 11/30/26 |
| 73-2 | 2/1 | $1,473 | $1,635 | At will |
Source notes and buyer verification
- *Before insurance, management, repairs, and vacancy.
- Confidential, off-market seller information deemed reliable but not guaranteed. Buyer to verify all figures.
Qualified buyer access
Request the 69–73 Cross Street property package.
Send your details to open the original property package. LGCY will also follow up to understand your criteria and answer questions about the opportunity.