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 5 times
Last Checked: July 18th, 2026 at 7:03pm (Source: MLS PIN #73551757)
Gross Income: $0
Gross Expenses: $8,588
Net Income Calc: $8,588
Annual Expenses for 71 Esther St, Worcester MA 01607
Total Gross Expenses (Calculated)$8,588/year
APOD Available
Heating
Electricity
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Real Estate Tax8588
Annual Income & Unit Breakdown for 71 Esther St, Worcester MA 01607
Total Gross Income (Calculated)$0
General Information for 71 Esther St, Worcester MA 01607
Listing ID73551757
Property TypeMulti Family / 5+ Family
Price895000
StyleResidential
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.11
Total Parking0
Year Built1900
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ZoningRG-5
Zoning DetailsLegal Conforming
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Waterfront0
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Disclosures for 71 Esther St, Worcester MA 01607
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
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Financial Data Source
Total Gross Expenses By Broker
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Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 71 Esther St, Worcester MA 01607
Real Estate Taxes8588
Tax Year2025
Assessed Value$0
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
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Contact Information for 71 Esther St, Worcester MA 01607