BEDS17
BATHS6 full
SQUARE FEET5,535
MLS#73569397
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Fenced: Yes
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 6.0
Taxes: $5,193
Year Built: 1910
Feature Descriptions
Building Area Total: 5535
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 77
Dwelling Type: 5-9 Family
Exterior: Frame
Fencing: Fenced/Enclosed
Flooring: Wood
Open Parking Y/N: Yes
Parcel Number: M:07 B:016 L:00044,1768913
Parking Features: Off Street, Common, Unpaved
Parking Total: 3
Rooms Total: 35
Sewer: Public Sewer
Units: 6
Water: Public
Listed By / Shown By
Listed By
Agency Name: Limitless Real Estate Group, LLC
Agent Name: Michael Duran
Agency Phone: 617-958-1904
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,949.73 per month $2,225.34 Principal & Interest $432.75 Property Tax $291.64 Homeowner's Insurance
120 Southgate St | MLS# 73569397
This multi-family property located at 120 Southgate St, Worcester, MA 01603 is currently listed for sale with an asking price of $999,900. Search Worcester real estate on www.masiellogrouprealestate.com today.