MA
Worcester
Worcester
01603
73 Southgate St
73 Southgate St, Worcester, MA 01603
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Listing Type
Multi Family
Listing Status
Active
26
$753,000

Home Details for 73 Southgate St

Price
$753,000
Type
Residential Income
Bedrooms
10
Total Bathrooms
4
Full Bathrooms
4
Square feet
4087
Year built
1900
Lot size acres
0.12
County
Worcester
Total rooms
15
MLS Listing#
73567595
Property Description

Investment opportunity in Worcester! This mixed-use property currently features 3 residential units plus a former bar/commercial space. Two of the three apartments have been renovated, with current rents including a 3-bedroom at $2,600/month and a 2-bedroom at $1,800/month. The former bar is not currently operating and has undergone recent improvements. Plans are available proposing the conversion of the former bar into two additional 2-bedroom residential units. All projected numbers and future income potential are based on this proposed conversion. Conversion is subject to all required approvals, zoning, and permitting. Buyer/buyer’s agent to perform their own due diligence and verify feasibility, plans, rents, expenses, and development potential. Conveniently located near Polar Park, Union Station, Holy Cross, Clark University, I-290, Route 146, and the Mass Pike. Great value-add opportunity with existing rental income and potential for additional residential units.

Property Features
  • Water Features
    • Public
Listing Courtesy: Lamacchia Realty, Inc. - 508-832-5324
Presented by: Mulryan and Maher Group
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Office
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