17 Fairbanks St, Worcester MA 01610
Worcester, MA 01610
$1,799,999
Est. $10,009/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 11, 2026
$1,799,999
Original listing
Agent: Steven Bracero
Office: Vanderbilt Properties, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/11/2026 | 🏠 Listed for Sale | $1,799,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,484 | $738,500 |
Financial Details
Annual Property Tax
$8,484
Tax Year 2026
Assessed Value
$738,500
Facts & Features
6 Car Garage
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1920
Living Area
5,376 sq ft
Lot Size
0.21 acres
Stories
5
Bedrooms
12
Full Baths
6
Total Rooms
24
Investment Metrics
Units
6
Unit 1 Rent
$1,900/mo · N
Unit 2 Rent
— · N
Unit 3 Rent
$2,000/mo · N
Unit 4 Rent
$2,000/mo · N
Total Monthly Rent
$5,900/mo
Gross Income
$70,800
Net Operating Income
$67,600
Operating Expenses
$3,200
Insurance Expense
$3,200
Cap Rate
3.76%
Interior
Heating
Hot Water, Natural Gas
Cooling
None
Flooring
Laminate, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
Washer Hookup
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
6
Has Garage
Yes
Features
Off Street
Total Spaces
12
Utilities
Electric
Fuses
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Oven, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$8,484
Assessed Value
$738,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Six 2-bedroom, 1-bath Units. --- 1r: Vacant-----1l: $1, 900/month (taw)-----2r: $2, 000/month (taw)-----2l: $2, 000/month (taw) ----- 3r: Vacant ----- 3l: Vacant -- Additional Income Potential: 6-bay Garage (one Heated), Currently Unrented.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
12
Full Bathrooms
6
Living Area
5,376 sq ft
Total Rooms
24
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,376 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Laminate, Hardwood
Appliances:
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Full, Unfinished
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Hot Water, Natural Gas
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Parking & Garage
Garage Spaces:
6
Total Parking Spaces:
12
Parking Features:
Off Street
Nearby Schools
School District
Worcester School District local
C-
Where Graduates Go
Class of 2021
51%
attend college
35%
4-Year
16%
2-Year
4%
Out of State
4%
Working
School Safety
2024-25
4.1%
Above Average
3.3%
Suspensions
1.7%
In-School
0.8%
Emergency
1.4% below state avg
Elementary Schools
3 schools
D
Vernon Hill School
0.3 mi
|
#786 of 825
|
Score: 29.6
Dropped 43 spots from last year
-28.6 below state avg
535 students
Diverse
Diverse Student Body
Grades PK-06
C-
Learning First Charter Public School
0.5 mi
|
#292 of 352
|
Score: 32.3
Improved 40 spots from last year
-25.9 below state avg
666 students
Diverse
Rising School
Grades K-08
F
Union Hill School
0.6 mi
|
#815 of 825
|
Score: 25.0
Dropped 19 spots from last year
-33.2 below state avg
383 students
Diverse
Grades K-06
Middle Schools
2 schools
C-
Worcester East Middle School
0.8 mi
|
#302 of 352
|
Score: 31.5
Improved 51 spots from last year
-26.7 below state avg
781 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
The Nativity School of Worcester
2.1 mi
Grades 05-08
High Schools
3 schools
Saint Paul Diocesan Junior/Senior High School
0.6 mi
Grades 07-12
Worcester Academy
0.6 mi
Grades 06-12
Worcester Alternative High School
0.7 mi
36 students
Diverse
Diverse Student Body
Grades 07-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$707
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
17 Fairbanks St, Worcester MA 01610
Worcester, MA 01610
Listing Information
Listing Agent
Steven Bracero
Listing Office
Vanderbilt Properties, LLC
Office Phone
508-366-6848
Agent MLS ID
CN223736
Office MLS ID
AN7775
Listing Data Updated
Sep 11, 2026 8:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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