• $1,499,000List Price
  • 18Bedrooms
  • 8Bathrooms
  • 0.19Acreage
  • 1920Year Built
  • 5,596Square Feet

Exceptional WPI Student Housing Investment Opportunity! Massive, fully occupied 7-unit property with monthly income of $14,200 and ideally located within close proximity of WPI and the heart of Worcester's premier student rental corridor. All seven apartments are leased through Summer 2027, providing immediate, stable cash flow, with six of seven units leased to WPI students. Electricity is separately metered, with tenants responsible for their own electric and internet, helping keep operating expenses low. Recent capital improvements include a new roof with gutter system, upgraded electrical service and panels, and extensive interior updates throughout multiple apartments. Additional income is generated by the on-site coin-op laundry. A true turnkey investment offering strong tenant demand, long-term income stability, and an exceptional location just minutes from WPI, restaurants, shopping, and all downtown Worcester can offer. Rare opportunity to acquire a fully leased, student-focused asset with near-term income security. apt 1: 2bd 1 ba: $1500 apt 2: 2bd 1ba: $1500 apt 3: 3bd 1ba: 2100 apt 4: 2bd 1ba: 1700 apt 5: 3bd 1ba :$2100 apt 6: 1bd 1ba: $1400 apt 7: 5 bd 1.5ba: $3900.

More Info

Basic Information

  • Gross Income $171,600
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number M:02 B:046 L:00056,1763624

Location

  • Address28 Sever Street
  • Building Number28
  • CountyWorcester
  • StateMA
  • StreetSever Street
  • TownWorcester
  • Zip01609

Property Information

  • Building Area Source Public Records
  • Living Area 5,596
  • Lot Size Square Feet 8,235
  • Lot Size Units Acres
  • Square Feet5,596

Tax Information

  • Tax Assessed Value $849,500
  • Tax Year 2025
  • Taxes$11,205

Basic Information

  • List Price$1,499,000
  • MLS Number73565816
  • Modification Date08/19/2026
  • Property SubType5-9 Family

Property

  • Acreage0.19

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesFireplace

Other

  • Date Listed08/19/2026
  • Farm Land Area Units Square Feet

Parking

  • Parking Features Off Street
  • Parking Spaces6

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 7.5
  • Bedrooms18
  • Full Bath7
  • Half Baths1

Building

  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 5
  • FoundationIrregular
  • Levels 5
  • Rooms29
  • Stories5
  • Units7
  • Year Built1920
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Map Location

Driving Directions

Listed by Brian Allen of Property Investors & Advisors,LLC

Worcester, MA Demographics

There is no data available

Worcester, MA Real Estate Market Data

There is no data available

Worcester, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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