Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01603
- Levels: 6
- Parking
- Garage Capacity: 3
- Parking: Off Street,Common,Unpaved
- Parking Spaces: 3
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 6
- Total Rooms: 35
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$999,900
- Status: New
- Listing ID: 73569397
- Bedrooms: 17
- Full Baths: 6
- Living Area: 5,535 sqft Convert
- Lot Size: 5,535 sqft Convert
- Acres: 0.13
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |