73 Southgate St, Worcester MA 01603

Worcester, MA 01603
$753,000
Est. $4,493/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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10
Beds
4
Baths
4,087
Sq Ft
$184
Price/Sq Ft
0.12
Acres
1900
Year Built
4
Parking
45
Days on Market
For Sale Listed Aug 24, 2026 • MLS# 73567595 Copied! • Updated Aug 28, 2026

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About this home

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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Property History

Property Timeline

🏠
Listed for Sale
Aug 24, 2026
$753,000
Original listing
Agent: Mulryan and Maher Group Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2022 $5,825 $383,000

Financial Details

Annual Property Tax
$5,825
Tax Year 2022
Assessed Value
$383,000

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 4,087 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 10
Full Baths 4
Total Rooms 15

Investment Metrics

Units 4
Unit 1 Rent $1,800/mo · Y
Unit 2 Rent $2,600/mo · Y
Unit 3 Rent $1,000/mo · N
Unit 4 Rent $1,800/mo · N
Total Monthly Rent $7,200/mo
Gross Income $108,000
Net Operating Income $108,000
Cap Rate 14.34%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,825
Assessed Value $383,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures 1 Bedroom Unit Needs Egress Built. Bar Has Plans To Become 2 Residential Apartments 2 Bedrooms Each. Projections Based On The Bar Becoming 2 Apartments
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
10
Full Bathrooms
4
Living Area
4,087 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features:

Special Features

View: Yes
View Type: City View(s)
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $485
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Save $0/mo
Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

73 Southgate St, Worcester MA 01603

Worcester, MA 01603

Listing Information

Listing Agent Mulryan and Maher Group
Listing Office Lamacchia Realty, Inc.
Office Phone 508-832-5324
Agent MLS ID TM351553
Office MLS ID AN8507
Listing Data Updated Aug 28, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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