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120 Southgate St

Worcester MA 01603

17
6
3
5535 sq. ft.
5535 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

17 bedrooms
6 bathrooms
3 carspaces
3 open car spaces
5535 sq. ft. floor area
5535 sq. ft. lot size
Other

Property history for 120 Southgate St

2018
Sold
$376,995
13 Jun 2018 by Optima Real Estate Advisors, of Coldwell Banker Residential Brokerage - Worcester

Happy sellers in Worcester

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Local market activity for 17 bedroom other properties in Worcester

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