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17 Fairbanks St Worcester — Photo 1 of 42

17 Fairbanks St Worcester — Photo 1 of 42

$1,799,999

Investment Analysis — 17 Fairbanks St

Worcester, MA 01610

Based on rent reported on the MLS listing, a 6-unit multi-family in 01610 carries $5,900/mo in gross rent — about a 2.52% cap rate and $45,324/yr in estimated NOI at the $1,799,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

5,376

Style

5-9 Family

Built

1920

Superb opportunity to acquire a well-maintained 6-family investment property featuring six 2-bedroom, 1-bath units and a 6-car garage with additional income potential, including one heated garage bay. Recent updates include two newer chimneys, along with improvements to Units 3R and 3L featuring refinished hardwood floors, updated kitchens and baths, and replacement windows. Utilities are separately metered with tenant-paid electric and heat, individual hot water tanks, and a landlord meter. Overlooking Vernon Park with city views, this property is located in a high-demand rental area just minutes from Polar Park, the DCU Center, and major highways including I-290, I-395, and the Mass Pike (I-90). An excellent opportunity for investors or 1031 exchange buyers seeking strong cash flow, long-term appreciation, and a prime location.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,799,999
Annual Taxes$8,484

Parking

Garage6
Off-Street12

Interior Specifications

Total Rooms24
FireplacesNone
FlooringLaminate, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningRG-5

Property & Lot

Acres0.21
SqFt Lot9,048
Lot FeaturesCleared, Level

Neighborhood

Public Transportation • Shopping

Geography

Property History

Listed
$1,799,999

Sep 11, 2026

MLS® 73575811

Listed
$1,799,999

Sep 11, 2026

MLS® 73575813

Expired
$1,850,000

Jul 20, 2026

MLS® 73463208

Listed
$1,850,000

Dec 19, 2025

MLS® 73463208

Listing Provided By

Listing Agent: Steven Bracero

Listing Office: Vanderbilt Properties, LLC

MLS® Number: 73575811