73 Southgate Worcester MA 01603 MLS #73382803

73 Southgate
Worcester, MA, 01603
$950,000
6 Beds
3 Baths
7,664 SqFt
0.12 Acres
$950,000
73 Southgate
Worcester, MA, 01603
Incredible mixed-use investment opportunity in the heart of Worcester! 139 Grand Street is home to Guertin’s Café—Worcester’s oldest bar—originally opened in 1905 and reopened in 2024. The property includes three residential units: two have been fully renovated and are leased to Clark University students, while the third is vacant and ready for renovation, offering strong value-add potential. The commercial space on the first floor is occupied by the café’s owner, who is willing to sign a sale-leaseback, providing immediate income. Located just minutes from Clark University, this asset offers a stable rental base with room to increase cash flow. Ideal for investors looking to blend historic charm with modern returns. With strong rental demand in the area, proximity to Clark University, and upside potential through both residential and commercial income growth, 139 Grand Street represents a compelling investment.

Property Details

Price:
$950,000
MLS #:
73382803
Status:
Active
Beds:
6
Baths:
3
Address:
73 Southgate
Type:
Multi Family
Subtype:
3 Family
City:
Worcester
Listed Date:
May 30, 2025
State:
MA
Finished Sq Ft:
7,664
Total Sq Ft:
7,664
ZIP:
01603
Lot Size:
5,105 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Community Features
Public Transportation, Laundromat, Public School, T- Station, University
Parking Spots
2

Financial

Net Operating Income
$57,893
Tax Year
2024
Taxes
$5,788
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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73 Southgate
Worcester, MA