$753,000
73 Southgate St
Worcester, MA, 01603
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 Details
Price:
$753,000
MLS #:
73567595
Status:
Active
Beds:
10
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Aug 16, 2026
Finished Sq Ft:
4,087
Total Sq Ft:
4,087
Lot Size:
5,105 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Above Grade Finished Area
4087
Bathrooms
4 Full Bathrooms
Levels
3
Exterior
Lot Features
Level
Open Parking Spaces
4
Parking Spots
4
Parking Total
4
Stories
3
View
City View(s)
Financial
Tax Year
2022
Taxes
$5,825
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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Map
Current real estate data for Multi Family in Worcester as of Sep 01, 2026
160
Multi Family Listed
99
Avg DOM
228
Avg $ / SqFt
$815,758
Avg List Price
Community
- Address73 Southgate St Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01603
Subdivisions in Worcester
- Burncoat
- Community features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House o
- Grafton/Hamilton Street Lake Park
- Hamilton of Lake Ave.
- Hammond Heights
- Lake Park
- Malden Woods
- Prime West Side- Salisbury Street Area
- Quiet Cul-de-sac off Mill Street on top of the hill with spectacular views of the city horizon.
- Rice Square
- Salisbury Street
- Tatnuck
- West Side
- West Side/Tatnuck
Similar Listings Nearby
Property Summary
- 73 Southgate St Worcester MA is a Multi Family for sale in Worcester, MA, 01603. It is listed for $753,000 To schedule a showing of MLS#73567595 at 73 Southgate St in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Emerson REALTORS®. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
73 Southgate St
Worcester, MA