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You are here:
Home Massachusetts Worcester Multi-Family Homes for Sale

73 Southgate Worcester, MA 01603

194 Days on Boston Pads
Price Reduced $325,000
25 Photos
$950,000
3 Unit
6 Beds
3 Baths
7664 SQFT
0.12 Acre
73 Southgate
Worcester, MA 01603

Property Description

Incredible mixed-use investment opportunity in the heart of Worcester! 139 Grand Street is home to Guertin’s Café—Worcester’s oldest bar—originally opened in 1905 and reopened in 2024. The property includes three residential units: two have been fully renovated and are leased to Clark University students, while the third is vacant and ready for renovation, offering strong value-add potential. The commercial space on the first floor is occupied by the café’s owner, who is willing to sign a sale-leaseback, providing immediate income. Located just minutes from Clark University, this asset offers a stable rental base with room to increase cash flow. Ideal for investors looking to blend historic charm with modern returns. With strong rental demand in the area, proximity to Clark University, and upside potential through both residential and commercial income growth, 139 Grand Street represents a compelling investment.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Laundromat, Public School, Public Transportation, T-Station, University

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 87600
  • Gross Expenses: 25893
  • Electric Expenses: 7500
  • Water/Sewer: 4000
  • INSC: 5963
  • Repairs & Maintenance: 3000
  • Net Operating Income: 57893

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73382803
  • Last Updated: 10/09/25

Date Event Price Price/Sq Ft Source
07/13/2025Active$950,000$124MLSPIN
07/09/2025Price Change$950,000$124MLSPIN
06/03/2025Active$1,275,000$166MLSPIN
05/30/2025New$1,275,000$166MLSPIN
10/26/2023Expired$710,000MLSPIN
10/26/2023Expired$710,000$174MLSPIN
04/29/2023Active$710,000$174MLSPIN
04/29/2023Active$710,000MLSPIN
04/25/2023New$710,000$174MLSPIN
04/25/2023New$710,000MLSPIN
05/16/2022Active$799,900MLSPIN
05/16/2022Active$749,900MLSPIN
05/15/2022New$799,900MLSPIN
05/12/2022Active$799,900MLSPIN
05/10/2022Active$749,900$183MLSPIN
05/10/2022Active$799,900$196MLSPIN

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View Breakdown

Map & Resources

Canterbury School

Public Elementary School, Grades: PK-6

0.09mi

Clark University

University

0.24mi

Clark University

University

0.35mi

College of the Holy Cross

University

0.42mi

Central Massachusetts SPED Collaborative - Woodward Day School

Collaborative Program

0.43mi

Sacred Heart School

School

0.44mi

Goddard School/Science Technical

Public Elementary School, Grades: PK-6

0.45mi

St. Peter Central Catholic School

Private School, Grades: PK-8

0.46mi

Beatnik's

Bar

0.77mi

Culpeppers Bakery & Cafe

Cafe

0.35mi

Acoustic Java Café and Roastery

Cafe

0.36mi

The Den

Cafe

0.4mi

Belen Casa de Pan

Cafe

0.41mi

The Bistro

Cafe

0.47mi

Jazzman’s

Cafe

0.53mi

IKrave cafe

Cafe

0.76mi

Family Health Center of Worcester

Hospital

0.77mi

Clark University Police

Police

0.55mi

College of the Holy Cross Public Safety

Police

0.74mi

Worcester Fire Department

Fire Station

0.81mi

Worcester Fire Station #2 South Division

Fire Station

0.87mi

Webster Square Fire Station

Fire Station

0.9mi

Worcester Fire Department

Fire Station

1.01mi

Pleasant Street Firehouse

Fire Station

1.2mi

Prior Center for Performing Arts

Arts Centre

0.76mi

Cantor Art Gallery

Gallery

0.66mi

Cinema 360

Cinema

0.42mi

Daniels Theater

Theatre

0.46mi

Michelson Theater

Theatre

0.55mi

Fenwick Theatre

Theatre

0.63mi

Brooks Concert Hall

Theatre

0.66mi

Fitton Football Stadium

Stadium

0.42mi

Bickman Fitness Center

Fitness Centre

0.55mi

Carol & Park B. Smith ’54 Sports Performance Center

Fitness Centre

0.92mi

Filton Baseball Field

Sports Centre. Sports: Baseball

0.43mi

Filton Field

Sports Centre. Sports: American Football

0.43mi

Sinnott Family Tennis Facility

Sports Centre. Sports: Tennis

0.51mi

Kneller Athletic Center

Sports Centre

0.55mi

Dolan Field House

Sports Centre

0.68mi

Joanne Chouinard-Luth Recreation and Wellness Center

Sports Centre

0.71mi

Clark University Property

Private Park

0.62mi

University Park

Municipal Park

0.2mi

South Worcester Playground

Municipal Park

0.22mi

College Square

Park

0.46mi

Crompton Park

Municipal Park

0.61mi

Beaver Street Historic District

Park

0.61mi

Oread Castle Park

Park

0.68mi

Blackstone Gateway Park

Park

0.69mi

Guy H. Burnham Map & Aerial Photograph Library

Library

0.43mi

Goddard Branch Library

Library

0.44mi

Rose Library

Library

0.48mi

Carlson Science Library

Library

0.48mi

Peace Studies Library

Library

0.49mi

Robert H. Goddard Library & Academic Commons

Library

0.5mi

Language Arts Resource Center

Library

0.53mi

Jeanne X. Kasperson Research Library

Library

0.58mi

Price Rite

Supermarket

0.33mi

Santiago's Market

Supermarket

0.54mi

America's Food Basket

Supermarket

0.59mi

Price Chopper

Supermarket

0.77mi

Asian Supermarket

Supermarket

0.84mi

Sweet Home Furniture

Furniture

0.29mi

Rotmans Furniture

Furniture

0.36mi

San Miguel Grocery

Convenience

0.07mi

Seller's Representative: James Glickman, NAI Glickman Kovago & Jacobs
MLS ID#: 73382803

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-10-09 17:25:00

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