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.
For sale
$999,900
120 Southgate St, Worcester, MA 01603
17beds
5,535sqft
5-9 Family
Built in 1910
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Remodeled throughout
- 20 days
- 197
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Duran 857-389-6086,
Limitless Real Estate Group, LLC 617-958-1904,
Michael Duran 857-389-6086
Source: MLS PIN,MLS#: 73569397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,535
- Total interior livable area: 5,535 sqft
- Finished area above ground: 5,535
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Common, Unpaved
- Uncovered spaces: 3
Features
- Fencing: Fenced/Enclosed
Lot
- Size: 5,535 Square Feet
Details
- Parcel number: M:07 B:016 L:00044,1768913
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $393,700
- Annual tax amount: $5,193
- Date on market: 9/23/2026
- Total actual rent: 11000
Estimated market value
Not available
Estimated sales range
Not available
$2,159/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for rent | $2,100+5% |
Source: Zillow Rentals Report a problem | ||
| 8/28/2026 | Listed for sale | $999,900+165.2%$181/sqft |
Source: MLS PIN #73569397 Report a problem | ||
| 11/24/2025 | Listed for rent | $2,000+11.1% |
Source: Zillow Rentals Report a problem | ||
| 1/18/2025 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 1/15/2025 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 12/10/2024 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 12/9/2024 | Listed for rent | $1,800-10% |
Source: Zillow Rentals Report a problem | ||
| 6/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/28/2024 | Listed for rent | $2,000+110.5% |
Source: Zillow Rentals Report a problem | ||
| 6/13/2018 | Sold | $376,995$68/sqft |
Source: Public Record Report a problem | ||
| 12/16/2015 | Listing removed | $950 |
Source: RentAngel.com Report a problem | ||
| 11/7/2015 | Listed for rent | $950 |
Source: RentAngel.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,193 -4.1% | $393,700 |
| 2024 | $5,413 -4.1% | $393,700 |
| 2023 | $5,646 -5.7% | $393,700 |
| 2022 | $5,988 -6.6% | $393,700 |
| 2021 | $6,409 -4.2% | $393,700 |
| 2020 | $6,693 +6.5% | $393,700 +12.8% |
| 2019 | $6,282 +1% | $349,000 +6.1% |
| 2018 | $6,219 +7.6% | $328,900 +9.4% |
| 2017 | $5,779 +99.6% | $300,700 +114% |
| 2016 | $2,896 +2.7% | $140,500 |
| 2015 | $2,820 +2.7% | $140,500 |
| 2014 | $2,745 -9.6% | $140,500 -14.1% |
| 2013 | $3,038 +8.3% | $163,500 -1% |
| 2012 | $2,805 -1.8% | $165,200 -12.4% |
| 2010 | $2,857 +42.4% | $188,600 +26.8% |
| 2009 | $2,007 -24.5% | $148,700 -29.8% |
| 2008 | $2,657 +2.2% | $211,900 -1.4% |
| 2007 | $2,599 +16.7% | $214,800 +20.9% |
| 2006 | $2,227 +17.8% | $177,700 +23.9% |
| 2005 | $1,890 +12.3% | $143,400 +25.7% |
| 2004 | $1,683 +5.7% | $114,100 +15.8% |
| 2003 | $1,592 +4.7% | $98,500 +15.6% |
| 2002 | $1,521 -2.1% | $85,200 +1.3% |
| 2000 | $1,553 -9% | $84,100 -8% |
| 1997 | $1,706 | $91,400 |
Find assessor info on the county website
Monthly payment
Est. payment




