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73 Southgate St

Worcester, MA 01603
  • $749,900
  • STATUS: Active
  • MLS #: 72979111
Price Reduced
UPDATED: 53 min ago
$749,900
  • 6
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 4,087
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Stephen Minor of Re/Max Advantage 1.

Description

HUGE Opportunity to land this potential CASH COW!!! 4 unit mixed use/ building. Most of the work has been done for you! Two of the three apartments have been renovated & a TURN KEY Bar ready for lease! Rent roll potential of $9,000+ monthly!!! 3 of the 4 units will be delivered vacant including the 3 Bed/1 Ba - 1 Bed/1 Ba & the Bar. The 2 Bed/1Ba is currently occupied and in a lease at $1,600/month. Close to many city landmarks.- Polar Park,Union Station, Holy Cross, Clark University & Major Routes- 290,MA Pike & 146. A lot of potential here to get these units filled at high rents and build your portfolio!

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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. Data last updated 2022-06-25T12:10:02.48.
www.revrealtyma.com/homes/128554407
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73 Southgate St Worcester, MA 01603

  • Price: $749,900
  • Status: Active
  • On Site: Days
  • Updated: 53 min ago
  • MLS #: 72979111
6
Beds
3
Baths
2
½ Baths
0.12
Acres
4,087
SQFT
$183
$/SQFT
1900
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
HUGE Opportunity to land this potential CASH COW!!! 4 unit mixed use/ building. Most of the work has been done for you! Two of the three apartments have been renovated & a TURN KEY Bar ready for lease! Rent roll potential of $9,000+ monthly!!! 3 of the 4 units will be delivered vacant including the 3 Bed/1 Ba - 1 Bed/1 Ba & the Bar. The 2 Bed/1Ba is currently occupied and in a lease at $1,600/month. Close to many city landmarks.- Polar Park,Union Station, Holy Cross, Clark University & Major Routes- 290,MA Pike & 146. A lot of potential here to get these units filled at high rents and build your portfolio!
Exterior Features

Beachfront No Construction Frame Exterior VinylBrick Exterior Features Garden Area Foundation Fieldstone Lot Description Corner Parking Features On Street Without Permit Parking Spaces 1 Road Type Public Waterfront Flag No

Interior Features

Appliances Unit1 RangeRefrigeratorWasherDryer Appliances Unit2 RangeMicrowaveWasherDryer Appliances Unit3 RangeDishwasherMicrowaveRefrigerator Appliances Unit4 Range Basement Yes Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 0 Cooling Unit1 Window Ac Cooling Unit2 Window Ac Cooling Unit3 Window Ac Cooling Unit4 Central Air Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 2 Floors Unit2 1 Floors Unit3 1 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 2 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Forced AirGas Heating Unit2 Forced AirGas Heating Unit3 Forced AirGas Heating Unit4 Forced AirGas Interior Features Unit1 Ceiling FansStorageRemodeled Interior Features Unit2 Ceiling FansStorageHardwood FloorsBathroom With Tub & ShowerInternet Available - Broadband Interior Features Unit3 Ceiling FansStorageBathroom With Tub & ShowerRemodeled Interior Features Unit4 StorageHardwood Floors Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 17 Rooms Description Unit1 Living RoomDining RoomKitchenSunroomOther (See Remarks) Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living Room Rooms Description Unit4 Other (See Remarks) Rooms Unit1 7 Rooms Unit2 4 Rooms Unit3 3 Rooms Unit4 3

Property Features

Amenities Public TransportationShoppingSwimming PoolTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic SchoolT-Station Apod Available No Assessments 383000.00 Disclosure No Disclosures All information Deemed Reliable But No Warrantee Of. Buyer/Buyers Agent To Perform Due Diligence Verifying All information Given. Exclusions Tenants Personal Property. Gross Operating Income 115200 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 4 Family Net Operating Income 115200 Rent Description Unit1 HeatElectricGasWaterHot Water Rent Description Unit2 HeatElectricGasWaterHot Water Rent Description Unit3 HeatElectricGasWaterHot Water Rent Description Unit4 HeatElectricGasWaterHot Water Rent Unit1 2500 Rent Unit2 1600 Rent Unit3 1500 Rent Unit4 4000 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Living Area Taken Off Property Field Card For City. No Accuracy Or Warrantee Of. Sq Ft Includes Basement No Sq Ft Source Other Tax Year 2022 Taxes 5825.43 Terms Contract For Deed Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Bl-1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Stephen Minor of Re/Max Advantage 1.


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. Data last updated 2022-06-25T12:10:02.48.
 
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Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Stephen Minor of Re/Max Advantage 1.