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Active

17 Fairbanks St, Worcester MA 01610

$1,799,999

Estimated $3,626/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $299,999.83

Total Rent: 70800/year

Estimated CAP Rate:

12 Bedrooms

Baths

5376

Total Parking: 18 (6 Garage)

9,048 (0.21)

Superb opportunity to acquire a well-maintained 6-family investment property featuring six 2-bedroom, 1-bath units and a 6-car garage with additional income potential, including one heated garage bay. Recent updates include two newer chimneys, along with improvements to Units 3R and 3L featuring refinished hardwood floors, updated kitchens and baths, and replacement windows. Utilities are separately metered with tenant-paid electric and heat, individual hot water tanks, and a landlord meter. Overlooking Vernon Park with city views, this property is located in a high-demand rental area just minutes from Polar Park, the DCU Center, and major highways including I-290, I-395, and the Mass Pike (I-90). An excellent opportunity for investors or 1031 exchange buyers seeking strong cash flow, long-term appreciation, and a prime location.

This home has been viewed 8 times

Last Checked: September 16th, 2026 at 1:48pm (Source: MLS PIN #73575811)

Gross Income: $70,800

Gross Expenses: $11,684

Net Income Calc: $59,116

Annual Expenses for 17 Fairbanks St, Worcester MA 01610

Total Gross Expenses (Calculated)$11,684/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8484

Annual Income & Unit Breakdown for 17 Fairbanks St, Worcester MA 01610

Total Gross Income (Calculated)$70,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 17 Fairbanks St, Worcester MA 01610

Listing ID73575811

Property TypeMulti Family / 5+ Family

Price1799999 ($334.82/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5376

Approximate Lot Size (Acres)0.21

Total Parking18 (6 Garage)

Garage Parking6

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 17 Fairbanks St, Worcester MA 01610

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal 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 17 Fairbanks St, Worcester MA 01610

Real Estate Taxes8484

Tax Year2026

Assessed Value$738,500

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 17 Fairbanks St, Worcester MA 01610

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 17 Fairbanks St, Worcester MA 01610

Agent

Name: Steven Bracero

Office

Name: Vanderbilt Properties, LLC

Phone: 508-366-6848

Team Members

Payment Calculator

, Interest

Property Taxes 707

Principal & Interest 11091.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vanderbilt Properties, LLC

Steven Bracero

Agent Phone

Office Phone

(508) 366-6848

Text Agent Call Agent Call Office

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    [unparsed] => 17 Fairbanks St, Worcester MA 01610
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EXIT

39 More Photos

Active

17 Fairbanks St, Worcester MA 01610

$1,799,999

Annual Expenses for 17 Fairbanks St, Worcester MA 01610

Annual Income & Unit Breakdown for 17 Fairbanks St, Worcester MA 01610

General Information for 17 Fairbanks St, Worcester MA 01610

Disclosures for 17 Fairbanks St, Worcester MA 01610

Financial Information for 17 Fairbanks St, Worcester MA 01610

Location Information for 17 Fairbanks St, Worcester MA 01610

Contact Information for 17 Fairbanks St, Worcester MA 01610

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Vanderbilt Properties, LLC

Steven Bracero