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.
For sale
$753,000
73 Southgate St, Worcester, MA 01603
10beds
4,087sqft
4 Family
Built in 1900
-- sqft lot
$742,900 Zestimate®
$184/sqft
$-- HOA
What's special
- 7 days |
- 8 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Mulryan and Maher Group 508-713-2212,
Lamacchia Realty, Inc. 508-832-5324
Source: MLS PIN,MLS#: 73567595
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,087
- Total interior livable area: 4,087 sqft
- Finished area above ground: 4,087
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: City View(s)
Lot
- Size: 5,105 Square Feet
- Features: Level
Details
- Parcel number: M:07 B:023 L:00001,1769149
- Zoning: Mixed USe
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Foundation: Granite
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $383,000
- Annual tax amount: $5,825
- Date on market: 8/17/2026
- Total actual rent: 7200
Estimated market value
$742,900
$706,000 - $780,000
$2,071/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $753,000-13.9%$184/sqft |
Source: MLS PIN #73567595 Report a problem | ||
| 2/6/2026 | Listing removed | $875,000$214/sqft |
Source: MLS PIN #73382803 Report a problem | ||
| 2/3/2026 | Price change | $875,000-7.9%$214/sqft |
Source: MLS PIN #73382803 Report a problem | ||
| 8/19/2025 | Listed for sale | $950,000+33.8%$232/sqft |
Source: MLS PIN #73382803 Report a problem | ||
| 10/26/2023 | Listing removed | $710,000$174/sqft |
Source: MLS PIN #73102689 Report a problem | ||
| 4/25/2023 | Listed for sale | $710,000$174/sqft |
Source: MLS PIN #73102689 Report a problem | ||
| 4/25/2023 | Listing removed | $710,000$174/sqft |
Source: MLS PIN #73053336 Report a problem | ||
| 10/29/2022 | Listed for sale | $710,000-5.3%$174/sqft |
Source: MLS PIN #73053336 Report a problem | ||
| 8/12/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 6/14/2022 | Price change | $749,900-6.3%$183/sqft |
Source: MLS PIN #72979111 Report a problem | ||
| 5/10/2022 | Listed for sale | $799,900+122.2%$196/sqft |
Source: MLS PIN #72979111 Report a problem | ||
| 12/9/2020 | Sold | $360,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $476,400 +13.7% |
| 2024 | -- | $419,000 -12.7% |
| 2023 | -- | $480,100 +25.4% |
| 2022 | -- | $383,000 +12.4% |
| 2021 | -- | $340,600 +5.1% |
| 2020 | -- | $324,000 +4.2% |
| 2019 | -- | $311,000 +3% |
| 2018 | -- | $301,800 |
| 2017 | -- | $301,800 +4.1% |
| 2016 | -- | $289,800 |
| 2015 | -- | $289,800 -6.6% |
| 2010 | -- | $310,200 +16.8% |
| 2009 | -- | $265,500 -5.4% |
| 2008 | -- | $280,700 +2.3% |
| 2007 | -- | $274,400 +5.9% |
| 2006 | -- | $259,100 +2.9% |
| 2005 | -- | $251,900 +23.6% |
| 2004 | -- | $203,800 +24% |
| 2003 | $2,657 | $164,400 +11.5% |
| 2002 | -- | $147,500 +21.3% |
| 2000 | -- | $121,600 +20.4% |
| 1997 | -- | $101,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01603
Nearby schools
GreatSchools rating
- 6/10CanterburyGrades: PK-6Distance: 0.1 mi
- 4/10University Pk Campus SchoolGrades: 7-12Distance: 0.5 mi
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 0.8 mi
- $--2 bd1 ba-- sqft141 Grand St #1, Worcester, MA 01603Off Market
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- $--3 bd1 ba1.3k sqft149 Grand St #2R, Worcester, MA 01603Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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