28 Sever St, Worcester, MA 01609
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
28 Sever St,Worcester, MA 01609
$1,499,000
- 18 Beds
- 8 Baths
- 5,596 sq. ft.
- Multi-family
- Active
Listed by: brian allen
Office: property investors & advisors, llc
MLS#:73565816
Source:MLSPIN
Price summary
- Price:$1,499,000
- Price per sq. ft.:$267.87
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:73565816
- Updated:August 23, 2026 at 01:26 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:8
- Full bathrooms:7
- Half bathrooms:1
- Rooms Total:29
- Living area:5,596 sq. ft.
Structure and exterior
- Year built:1920
- Building area:5,596 sq. ft.
- Lot area:0.19 Acres
- Foundation Description:Irregular
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$267.87
- Tax amount:$11,205 (2025)
Parking
- Total parking spaces:6
- Parking description:Off Street
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