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Active

74 Esther St, Worcester MA 01607

$839,900

Estimated $2,018.22/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $279,966.67

Total Rent: 83400/year

Estimated CAP Rate: 8.66%

12 Bedrooms

3 Full Baths

3,866 SqFt

Total Parking: 6

5,664 SqFt

A strong opportunity for both seasoned and first-time investors! This well-maintained three-family in Worcester’s desirable Mt. Vernon neighborhood offers immediate income with clear upside potential. The property has performed reliably for the current owner with long-term tenants and rents currently below market—presenting an excellent value-add opportunity. Each spacious unit features 4 bedrooms and 1 full bath, with two separate entrances, in-unit laundry, and tenants responsible for their own utilities, helping keep operating costs low. Ample off-street parking adds everyday convenience and rental appeal. A solid asset in a high-demand rental location with room for future growth—don’t miss this one.

This home has been viewed 22 times

Last Checked: December 13th, 2025 at 6:28pm (Source: MLS PIN #73461818)

Gross Income: $83,400

Gross Expenses: $10,676

Net Income Calc: $72,724

CAP Rate: 8.66%

Annual Expenses for 74 Esther St, Worcester MA 01607

Total Gross Expenses (Calculated)$10,676/year

APOD AvailableYes

Heating

Electricity

Water$2,800

Gas$2,800

Insurance

Sewer$2,800

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,876

Annual Income & Unit Breakdown for 74 Esther St, Worcester MA 01607

Total Gross Income (Calculated)$83,400

Unit 1

Rental Income$2,250

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,400

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,300

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 74 Esther St, Worcester MA 01607

Listing ID73461818

Property TypeMulti Family / 3 Family

Price$839,900 ($217.25/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,866 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpacePorch

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 74 Esther St, Worcester MA 01607

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$2,800

Total Gross Income By Broker$83,400

Total Net Income By Broker$80,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 74 Esther St, Worcester MA 01607

Real Estate Taxes$7,876

Tax Year2025

Assessed Value$597,100

Financial Data Source

Total Gross Expenses By Broker$2,800

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$83,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$80,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.66%

Location Information for 74 Esther St, Worcester MA 01607

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 74 Esther St, Worcester MA 01607

Agent

Name: Jeremy Smith

Office

Name: StartPoint Realty

Phone: 978-422-3999

Payment Calculator

, Interest

Property Taxes 656.33

Principal & Interest 5175.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

StartPoint Realty

Jeremy Smith

Agent Phone

Office Phone

(978) 422-3999

Text Agent Call Agent Call Office

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    [description] => A strong opportunity for both seasoned and first-time investors! This well-maintained three-family in Worcester’s desirable Mt. Vernon neighborhood offers immediate income with clear upside potential. The property has performed reliably for the current owner with long-term tenants and rents currently below market—presenting an excellent value-add opportunity. Each spacious unit features 4 bedrooms and 1 full bath, with two separate entrances, in-unit laundry, and tenants responsible for their own utilities, helping keep operating costs low. Ample off-street parking adds everyday convenience and rental appeal. A solid asset in a high-demand rental location with room for future growth—don’t miss this one.
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EXIT

Active

74 Esther St, Worcester MA 01607

$839,900

Annual Expenses for 74 Esther St, Worcester MA 01607

Annual Income & Unit Breakdown for 74 Esther St, Worcester MA 01607

General Information for 74 Esther St, Worcester MA 01607

Disclosures for 74 Esther St, Worcester MA 01607

Financial Information for 74 Esther St, Worcester MA 01607

Location Information for 74 Esther St, Worcester MA 01607

Contact Information for 74 Esther St, Worcester MA 01607

Agent

Office

Payment Calculator

Exclusive Listing Agent

StartPoint Realty

Jeremy Smith