For Sale
28 Sever St, Worcester, MA
Worcester · MA 01609
- $1,499,000
- Price
- 18
- Beds
- 7.5
- Baths
- 5596
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
7 Units
Lot size:
8,235 Sq.Ft Lot
Price per square foot:
$268 / Sq.Ft
Parking:
6 Off Street Spaces
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, new boiler, 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. Owner financing available
Neighborhood & Transit
28 Sever St, Worcester · MA 01609
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 76 days
- Listing Price:
- $1,499,000
- Price per Sq.Ft:
- $268
- Tax Assessment:
- $849,500 in 2025
- Taxes:
- $934 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 7
- Half Bathrooms
- 1
- Living Area
- 5,596 Sq.Ft
- Broker Disclosure about Living Area
- buyer and buyer agent to verify all information
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5596
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 8,235 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Brian Allen
- Listing office
- Property Investors & Advisors, LLC
- MLS PIN #
- 73565816
- Disclosure
- buyer and buyer agent to verify all information 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. landlord pays heat. 2025 gas bill: $5,800
- Disclosure
- buyer and buyer agent to verify all information