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120 Southgate St, Worcester MA 01603

$999,900

Estimated $2,054/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $166,650

Total Rent: 91200/year

Estimated CAP Rate:

17 Bedrooms

Baths

5535

Total Parking: 3

5,535 (0.13)

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.

This home has been viewed 6 times

Last Checked: September 14th, 2026 at 7:28pm (Source: MLS PIN #73569397)

Gross Income: $91,200

Gross Expenses: $5,193

Net Income Calc: $86,007

Annual Expenses for 120 Southgate St, Worcester MA 01603

Total Gross Expenses (Calculated)$5,193/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5193

Annual Income & Unit Breakdown for 120 Southgate St, Worcester MA 01603

Total Gross Income (Calculated)$91,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 120 Southgate St, Worcester MA 01603

Listing ID73569397

Property TypeMulti Family / 5+ Family

Price999900 ($180.65/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5535

Approximate Lot Size (Acres)0.13

Total Parking3

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 120 Southgate St, Worcester MA 01603

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 120 Southgate St, Worcester MA 01603

Real Estate Taxes5193

Tax Year2025

Assessed Value$393,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 120 Southgate St, Worcester MA 01603

Neighborhood(s)

Area Amenities

Contact Information for 120 Southgate St, Worcester MA 01603

Agent

Name: Michael Duran

Office

Name: Limitless Real Estate Group, LLC

Phone: 617-958-1904

Team Members

Payment Calculator

, Interest

Property Taxes 432.75

Principal & Interest 6161.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Limitless Real Estate Group, LLC

Michael Duran

Agent Phone

Office Phone

(617) 958-1904

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active

120 Southgate St, Worcester MA 01603

$999,900

Annual Expenses for 120 Southgate St, Worcester MA 01603

Annual Income & Unit Breakdown for 120 Southgate St, Worcester MA 01603

General Information for 120 Southgate St, Worcester MA 01603

Disclosures for 120 Southgate St, Worcester MA 01603

Financial Information for 120 Southgate St, Worcester MA 01603

Location Information for 120 Southgate St, Worcester MA 01603

Contact Information for 120 Southgate St, Worcester MA 01603

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Limitless Real Estate Group, LLC

Michael Duran