74 Esther St, Worcester, MA 01607
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$839,900
3 Unit
12 Beds
3 Baths
3866 SQFT
0.13 Acre

Property 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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 83400
  • Gross Expenses: 2800
  • Water/Sewer: 2800
  • Net Operating Income: 80600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73461818
  • Last Updated: 12/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/12/2025New$839,900$217MLSPIN

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Seller's Representative: Jeremy Smith, StartPoint Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-12-13 03:30:00

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