73 Southgate St, Worcester, MA 01603
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$753,000
4 Unit
10 Beds
4 Baths
4087 SQFT
0.12 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 4

Financial

  • APOD Available: No
  • Gross Operating Income: 108000
  • Net Operating Income: 108000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Granite
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73567595
  • Last Updated: 08/25/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/24/2026New$753,000$184MLSPIN
05/01/2026Expired$875,000$114MLSPIN
02/06/2026Temporarily Withdrawn$875,000$114MLSPIN
02/03/2026Price Change$875,000$114MLSPIN
07/13/2025Active$950,000$124MLSPIN
07/09/2025Price Change$950,000$124MLSPIN
06/03/2025Active$1,275,000$166MLSPIN
05/30/2025New$1,275,000$166MLSPIN
10/26/2023Expired$710,000$174MLSPIN
10/26/2023Expired$710,000MLSPIN
04/29/2023Active$710,000$174MLSPIN
04/29/2023Active$710,000MLSPIN
04/25/2023New$710,000$174MLSPIN
04/25/2023New$710,000MLSPIN
05/16/2022Active$749,900MLSPIN
05/16/2022Active$799,900MLSPIN
05/15/2022New$799,900MLSPIN
05/12/2022Active$799,900MLSPIN
05/10/2022Active$749,900$183MLSPIN
05/10/2022Active$799,900$196MLSPIN

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Seller's Representative: Mulryan and Maher Group, Lamacchia Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-25 09:49:00