See Home Value
$323,000
● Multifamily - Off Market

54 Esther

Worcester, MA 01607
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$1,884
Est. Monthly
12.88%
Cap Rate

About This Property

Investors and owner-occupants take note! Discover the potential of this 2-family home featuring 2 bedrooms, 1 bath, a large living room in each, and separate utilities. The second-floor unit has been tastefully updated with new flooring and paint and is ready for immediate occupancy - currently vacant. The first-floor unit is rented at a rate significantly below market value, presenting an opportunity for higher future income. Already conveniently set up with washer and dryer hookups in both units. A brand new front deck, and a spacious fenced-in backyard. Roof is newer, and both hot water heaters have been replaced recently. Conveniently located near major routes, and just steps away from Kelley Square, Polar Park, Worcester Public Market, and the up-and-coming Canal District, this property offers instant equity and growth potential. NO private showings of first floor unit - only available at OH. PLEASE DO NOT DISTURB TENANT!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$208
Property Type
Multifamily
Property Taxes
$268
HOA Dues
-
Year Built
1890

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Last updated: 2 years ago (MLSPIN #73299703)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Sold
Dec 18, 2024 In contract -
In contract
Nov 21, 2024 Price Decreased $329,000
↓ $16K (4.6%)
Price Decreased
Nov 7, 2024 Relisted $345,000
Relisted
Nov 5, 2024 In contract -
In contract
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Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 2
Interior Features: Bathroom With Tub & Shower, Remodeled, Ceiling Fan(s), Living Room, Kitchen
Appliances: Range, Refrigerator
Flooring Type: Vinyl, Carpet, Wood, Stone/Ceramic Tile
Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Rooms: 8
Basement: Full, Dirt Floor, Unfinished
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: RG-5
Parcel Number: 1771978
Water Source: Public
Financial Details
Tax Assessed Value: $234,200
Tax Annual Amount: $3,220
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Forced Air, Natural Gas, Unit Control, Space Heater
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20241008
10/08/2024
4 Bed
2 Bath
1584 ft²
$360,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1584 ft²
$323,000 -10.28%
01/31/2025
Henry Rowe
Byrnes Real Estate Group LLC
19971124
11/24/1997
4 Bed
-
1753 ft²
$42,900
bedrooms
4 Bed
bathrooms
-
square feet
1753 ft²
$32,500 -24.24%
02/02/1998
Frederick Bross
RE/MAX Advantage 1

Building Info

54 Esther Street 54 Esther Street, Worcester, MA 01607
More about this Building
54 Esther Street
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