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120 Southgate St Worcester, MA 01603
17 Beds
6 Baths
5,535 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,535 sqft
Price per Sqft $180
MLS Listing ID 73569397
Bedrooms 17
Full Baths 6
Year Built 1910
Annual Tax Amount $5,193
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 5-9 Family
Property Description
Great investment opportunity at 120 Southgate St in Worcester! This well-maintained six-family property has been remodeled throughout and is in excellent overall condition. The property currently generates over $11,000 per month in rental income, providing a strong and established income stream for the next owner.Most of the units are occupied by long-term tenants, offering excellent tenant stability and consistent rental history. The apartments have been updated and well cared for, and the property has been maintained in a way that allows a new owner to step in without taking on a major renovation project.With six units, strong existing rents, long-term tenants, and a building that is in great shape, this is an excellent opportunity for an investor looking for a solid Worcester multifamily property. There is also potential for future rental growth as leases turn over and market rents continue to increase.A great addition to an existing portfolio or an excellent opportunity for an investor looking for a larger multifamily property with substantial monthly income. Come see 120 Southgate St and appreciate the condition, income, and overall quality this property has to offer.
Location
State MA
County Worcester
Zoning RG-5
Direction Southbridge st to Southgate st
Interior
Flooring Wood
Exterior
Fence Fenced/Enclosed
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 6
Foundation Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Limitless Real Estate Group, LLC
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