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Two-Building Multifamily Investment

71 Esther St Worcester, MA 01607

New
71 Esther St, Worcester, MA, 01607
$895,000
For Sale
$895,000

Two separate buildings on one lot offer three 2-bedroom units and two 1-bedroom units, with multiple recent capital improvements.

Days on Market2

Property Features for 71 Esther St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900
Listing Agency
Listed by Richard J. Trifone · License #9510817
Source Elliman
Added: Jul 16 Checked: Jul 17 at 3:12 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Richard J. Trifone


Investment Insights

Based on property information with market context.

This rare five-family investment features two separate buildings on one lot. The front building includes three 2-bedroom units, while the rear building consists of two 1-bedroom units. Improvements include extensive work in the rear building, such as new siding (2024), a poured concrete basement floor (2024), replacement water heaters, fully renovated kitchens and bathrooms 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 with new gas stoves and refrigerators.

The property is described as conveniently located near public parks, a swimming pool, shopping, dining, and major commuter routes, with easy access to highways and the Massachusetts Turnpike.

Overall, the asset is positioned as an income-producing multifamily property with numerous capital improvements already completed across both buildings.

Key Highlights

  • Two separate buildings on one lot with 5 total units: three 2‑bedroom units and two 1‑bedroom units
  • Rear building at 71½ Esther St: new siding (2024) and new roof (2025)
  • Rear building improvements include a poured concrete basement floor (2024) and replaced sewer line (2023)

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Cafe & Coffee Shop Skin Care Clinic Acupuncture Home Appliance Store Catering Service Computer & Electronic Repair Tech Support Center Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two separate buildings on one lot offer three 2-bedroom units and two 1-bedroom units, with multiple recent capital improvements.
Where is this apartment building located?
The property is located at 71 Esther St Worcester, MA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two separate buildings on one lot with 5 total units: three 2‑bedroom units and two 1‑bedroom units; Rear building at 71½ Esther St: new siding (2024) and new roof (2025); Rear building improvements include a poured concrete basement floor (2024) and replaced sewer line (2023)
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