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.
For sale
$950,000
73 Southgate St, Worcester, MA 01603
6beds
7,664sqft
Est.:
3 Family
Built in 1900
-- sqft lot
$702,600 Zestimate®
$124/sqft
$-- HOA
What's special
- 153 days |
- 134 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: October 09, 2025 at 02:27pm
Listed by:
James Glickman 508-753-9100,
NAI Glickman Kovago & Jacobs 508-753-9100
Source: MLS PIN,MLS#: 73382803
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 7,664
- Total interior livable area: 7,664 sqft
- Finished area above ground: 7,664
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Lot
- Size: 5,105 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1769149
- Zoning: BL-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Laundromat, Public School, T-Station, University
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $476,400
- Annual tax amount: $5,788
- Date on market: 7/16/2025
- Total actual rent: 7500
Estimated market value
$702,600
$611,000 - $794,000
$2,353/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Listed for sale | $950,000+33.8%$124/sqft |
Source: MLS PIN #73382803 Report a problem | ||
| 10/26/2023 | Listing removed | $710,000$93/sqft |
Source: MLS PIN #73102689 Report a problem | ||
| 4/25/2023 | Listed for sale | $710,000$93/sqft |
Source: MLS PIN #73102689 Report a problem | ||
| 4/25/2023 | Listing removed | $710,000$93/sqft |
Source: MLS PIN #73053336 Report a problem | ||
| 10/29/2022 | Listed for sale | $710,000-5.3%$93/sqft |
Source: MLS PIN #73053336 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $476,400 +13.7% |
| 2024 | -- | $419,000 -12.7% |
| 2023 | -- | $480,100 +25.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,924/mo
Principal & interest
$4617
Property taxes
$974
Home insurance
$333
Climate risks
Neighborhood: 01603
Nearby schools
GreatSchools rating
- 3/10Canterbury Street Magnet Computer-Based SchoolGrades: 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
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