$999,900
Active120 Southgate St
Worcester, MA, 01603
Multi-Family · MLS #73569397
Price/sqft
$181
Days on market
4 days
Year built
1910
Lot size
0.13 ac
5,535 sq ft
Sq Ft
0.13 acres
Lot
1910
Year Built
Taxes: $5,193 (2025)
About this home
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
120 Southgate St, Worcester, MA, 01603
Listed by Michael Duran · Limitless Real Estate Group, LLC
Schedule a showing
120 Southgate St
Estimated payment
$5,990 / month
Loan term
- Principal & interest
- $5,141
- Property tax
- $433
- Home insurance
- $417
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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