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Active

71 Esther St, Worcester MA 01607

$895,000

Estimated $2,167/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $179,000

Total Rent: 63180/year

Estimated CAP Rate:

10 Bedrooms

Baths

3000

Total Parking: 4

4,975 (0.11)

Rare five-family investment opportunity featuring two separate buildings on one lot. The front building offers three 2-bedroom units, while the rear building consists of two 1-bedroom units. Extensive improvements have been completed in the rear building (71½ Esther St), including new siding (2024), poured concrete basement floor (2024), replacement water heaters, fully renovated kitchens and bathrooms in both units with new appliances, a new roof (2025), and a replaced sewer line (2023). Units 2 and 3 in the front building have also been updated including new gas stoves and refrigerators. Conveniently located near public parks, a swimming pool, shopping, dining, and major commuter routes, with easy access to highways and the Massachusetts Turnpike. A solid income-producing property with numerous capital improvements already completed.

This home has been viewed 13 times

Last Checked: July 20th, 2026 at 6:18am (Source: MLS PIN #73549862)

Gross Income: $63,180

Gross Expenses: $8,588

Net Income Calc: $54,592

Water Views

Annual Expenses for 71 Esther St, Worcester MA 01607

Total Gross Expenses (Calculated)$8,588/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8588

Annual Income & Unit Breakdown for 71 Esther St, Worcester MA 01607

Total Gross Income (Calculated)$63,180

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 71 Esther St, Worcester MA 01607

Listing ID73549862

Property TypeMulti Family / 5+ Family

Price895000 ($298.33/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3000

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 71 Esther St, Worcester MA 01607

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 71 Esther St, Worcester MA 01607

Real Estate Taxes8588

Tax Year2025

Assessed Value$651,100

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 71 Esther St, Worcester MA 01607

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 71 Esther St, Worcester MA 01607

Agent

Name: Richard J. Trifone

Office

Name: RE/MAX Vision

Phone: 508-595-9900

Payment Calculator

, Interest

Property Taxes 715.67

Principal & Interest 5514.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vision

Richard J. Trifone

Agent Phone

Office Phone

(508) 595-9900

Text Agent Call Agent Call Office

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    [unparsed] => 71 Esther St, Worcester MA 01607
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EXIT

37 More Photos

Active

71 Esther St, Worcester MA 01607

$895,000

Annual Expenses for 71 Esther St, Worcester MA 01607

Annual Income & Unit Breakdown for 71 Esther St, Worcester MA 01607

General Information for 71 Esther St, Worcester MA 01607

Disclosures for 71 Esther St, Worcester MA 01607

Financial Information for 71 Esther St, Worcester MA 01607

Location Information for 71 Esther St, Worcester MA 01607

Contact Information for 71 Esther St, Worcester MA 01607

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Vision

Richard J. Trifone