Ben Montenegro - Andrew Abu Inc Realtors Logo
$753,000
 $4,042 est/mo Sourced by Back At You

73 Southgate St,Worcester, MA 01603

Worcester, MA 01603

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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.

Details

MLS #73567595
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site30
Listing Provided ByLamacchia Realty, Inc. | Mulryan and Maher Group

Features

Bed(s)10
Bath(s) 4 Total
SQ Feet4,087
Story(s)3
Units4
ZoningMixed USe
Acreage0.12
Property ViewYes

Interior

Rooms Total15
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsGranite
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount5825
Tax Assessed Value383000
Tax Year2022

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityWorcester
Zip Code01603
AreaWorcester
Listing VS Median (in 01603)
Price:
$753,000
low | high
Med:
$392,450
97.881806108898% of Average
sqft:
4,087
low | high
Med:
1,365
100% of Average
$ / sqft:
$184
low | high
Med:
$310
18.393646735595% of Average
On site:
30
low | high
Med:
50.5
59.405940594059% of Average
Sourced by Back At You

Market Activity 01603

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Learn More About This Property

Ben Montenegro

Ben Montenegro

Andrew Abu Inc

9560655 (508) 364-9897ben@andrewabu.com
StateMA
CountyWorcester
CityWorcester
Zip Code01603
AreaWorcester
Listing VS Median (in 01603)
Price:
$753,000
low | high
Med:
$392,450
97.881806108898% of Average
sqft:
4,087
low | high
Med:
1,365
100% of Average
$ / sqft:
$184
low | high
Med:
$310
18.393646735595% of Average
On site:
30
low | high
Med:
50.5
59.405940594059% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $564K - $941K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1 Douglas St Property Photo 1
$850,000
1 Douglas St
Worcester, MA 01603
Listing Updated: September 4, 2026 at 3:53:59 AM PDT