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.
74 Esther St, Worcester, MA, 01607
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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