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Two-Building 5-Unit Apartment Property

71 Esther St, Worcester, MA 01607

For Sale
New
$895,000

RG-5 zoning and recent upgrades to kitchens, bathrooms, and building systems define this Worcester property.

Property SizeContact for details
Days on Market7

Property Features for 71 Esther St

General Information

Standard status Active
Property subtype Commercial
Zoning RG-5, Legal Conforming

Site & Location

Neighborhood Upsala St. C.w.a.
Highway Access Yes

Units

Unit Mix 3 x 2BR, 2 x 1BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $8,588

Building Details

Year Built 1900
Buildings 2
Listing Agency: RE/MAX Vision
Listed By: Richard J. Trifone · License #9510817
Source: Castleknockrealtygroup
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 8 at 7:11PM

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 RE/MAX Vision

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, the property contains five apartments across two buildings on one lot. The front structure has three two-bedroom units; the rear structure has two one-bedroom units. The rear apartments received renovated kitchens and bathrooms with new appliances. Improvements there also include new siding and a poured concrete basement floor in 2024, a new roof in 2025, replacement water heaters, and a sewer line replaced in 2023. Units 2 and 3 in the front building have new gas stoves and refrigerators.

The property is zoned RG-5, Legal Conforming, and is located near public parks, a swimming pool, shopping, dining, highways, and the Massachusetts Turnpike.

Key Highlights

  • Five apartments in two buildings on one lot
  • Front building: three 2‑bedroom units; rear building: two 1‑bedroom units
  • Rear building received new siding and a poured concrete basement floor in 2024

Property Analytics

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Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 01607, MA

9,378
Population
4,172
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
3,126
Density / Sq Mi
$66,365
Median Household Income
$46,300
Median Earnings
$1,356
Median Rent
$341,300
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Worcester, MA

$210 Jul
$215 Aug
$218 Sep
$220 Oct

Properties on Market for Apartment buildings in Worcester

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - RG-5 zoning and recent upgrades to kitchens, bathrooms, and building systems define this Worcester property.
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: Five apartments in two buildings on one lot; Front building: three 2‑bedroom units; rear building: two 1‑bedroom units; Rear building received new siding and a poured concrete basement floor in 2024
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