74 Esther St Worcester, MA 01607
Vernon Hill NeighborhoodEstimated payment $5,074/month
12
Beds
3
Baths
3,866
Sq Ft
$217
Price per Sq Ft
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $7,876
Year Built
- Built in 1900
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,866 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- 5,664 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number M:10 B:010 L:00022,1771920
Community Details
Overview
- 3 Units
Building Details
- Water Sewer Expense $2,800
- Operating Expense $2,800
- Net Operating Income $80,600
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,876 | $597,100 | $86,800 | $510,300 |
| 2024 | $7,259 | $527,900 | $86,800 | $441,100 |
| 2023 | $6,953 | $484,900 | $75,500 | $409,400 |
| 2022 | $6,051 | $397,800 | $60,400 | $337,400 |
| 2021 | $5,350 | $328,600 | $48,300 | $280,300 |
| 2020 | $4,945 | $290,900 | $48,000 | $242,900 |
| 2019 | $4,235 | $235,300 | $41,900 | $193,400 |
| 2018 | $4,143 | $219,100 | $41,900 | $177,200 |
| 2017 | $3,890 | $202,400 | $41,900 | $160,500 |
| 2016 | $3,704 | $179,700 | $30,600 | $149,100 |
| 2015 | $3,607 | $179,700 | $30,600 | $149,100 |
| 2014 | $3,511 | $179,700 | $30,600 | $149,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $839,900 | +28.8% | $217 / Sq Ft | |
| 06/30/2023 06/30/23 | Sold | $652,000 | +0.3% | $169 / Sq Ft | View Prior Sale |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- | |
| 10/28/2022 10/28/22 | For Sale | $650,000 | +129.7% | $168 / Sq Ft | |
| 05/01/2018 05/01/18 | Sold | $283,000 | -5.6% | $73 / Sq Ft | View Prior Sale |
| 04/16/2018 04/16/18 | Pending | -- | -- | -- | |
| 04/16/2018 04/16/18 | For Sale | $299,900 | -- | $78 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $652,000 | None Available | |
| Quit Claim Deed | $283,000 | -- | |
| Deed | $105,000 | -- | |
| Deed | $105,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $230,626 | -- | |
| Foreclosure Deed | $230,626 | -- | |
| Deed | $136,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $630,239 | FHA | |
| Previous Owner | $212,250 | New Conventional | |
| Previous Owner | $112,500 | No Value Available |
Source: Public Records
About the Listing Agent
Jeremy's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73461818
APN: WORC-000010-000010-000022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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