aisellshomes.space

$999,900

Active

120 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$5,990 / month

Down payment20% · $199,980
Interest rate6.66%

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.

Compare

Similar homes in Worcester

Recently sold

What sold nearby in Worcester

All sold homes →