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Active

74 Esther St, Worcester MA 01607

$749,900

Estimated $1,872/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $249,966.67

Total Rent: 83400/year

Estimated CAP Rate:

12 Bedrooms

Baths

3866

Total Parking: 6

5,664 (0.13)

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 66 times

Last Checked: March 12th, 2026 at 7:18am (Source: MLS PIN #73461818)

Gross Income: $83,400

Gross Expenses: $10,676

Net Income Calc: $72,724

Annual Expenses for 74 Esther St, Worcester MA 01607

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

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7876

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

Total Gross Income (Calculated)$83,400

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 74 Esther St, Worcester MA 01607

Listing ID73461818

Property TypeMulti Family / 3 Family

Price749900 ($193.97/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3866

Approximate Lot Size (Acres)0.13

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 74 Esther St, Worcester MA 01607

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

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 74 Esther St, Worcester MA 01607

Real Estate Taxes7876

Tax Year2025

Assessed Value$597,100

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 74 Esther St, Worcester MA 01607

Neighborhood(s)

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 4620.65

HOA Dues

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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EXIT

15 More Photos

Active

74 Esther St, Worcester MA 01607

$749,900

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