73 Southgate St, Worcester, MA 01603
- $753,000
- 10
- BD
- 4
- BA
- 4,087
- SqFt
- List Price
- $753,000
- Status
- NEW
- MLS#
- 73567595
- Bedrooms
- 10
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 4,087
- Lot Size (Acres)
- 0.12
- Year Built
- 1900
Property Description
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.
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Additional Information
- Taxes
- $5,825
- Lot Description
- Level
- View
- City View(s)
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Mulryan and Maher Group from Listing Office: Lamacchia Realty, Inc..
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