Home Homes for Sale 28 Sever St, Worcester MA 01609
$1,499,000
$268/sqft · Worcester, MA
18Beds
7.5Baths
5,596Sqft
0.19 acresLot Size
28 Sever St, Worcester MA 01609
Active Listed 4 days ago
5-9 Family Built in 1920 0.19 Acre Lot 6 Parking Spaces

What's Special

5-9 FamilyBuilt in 19205 Fireplaces6 Parking Spaces

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.

Location

Property Details

Core Details

Property Type5-9 Family
Year Built1920
Parcel NumberM:02 B:046 L:00056,1763624
ZoningRL-7
Stories5
MLS #73565816

Space & Sizing

Living Area5,596 sqft
Above Grade5,596 sqft
Total Rooms29
Bedrooms18
Bathrooms7.5
Lot Size0.19 acres

Features & Systems

Parking6 Parking Spaces
Open Parking6
Fireplaces5
FoundationIrregular
SewerPublic Sewer
Water SourcePublic

Features & Amenities

5 Fireplaces
Levels
5
Lot Features
Other
Lead Paint
Unknown
Parking Features
Off Street

Additional Information

Exclusions: Tenants Personal Property

Disclosures: 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

Directions: Off Elm street By WPI

Financial Details

Annual Taxes$11,205 (2025)
Assessed Value$849,500
Gross Income$171,600
Gross Scheduled Income$5,800
Operating Expense$5,800
Net Operating Income$171,600
Tax Book Number67853
Listed on Aug 19, 2026 Updated Aug 23, 2026 8:05 AM Worcester County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73565816

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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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