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For Sale

28 Sever St, Worcester MA 01609

Worcester, MA 01609

$1.5M
18 BD · 8 BA · 5,596 sf · 0.19 ac · Built 1920
The residence

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

At a glance
Property type
5-9 Family
Status
Active
Year built
1920
Lot size
0.19 acres
Living area
5,596 sf
MLS#
35527903381e7635ee2cdaef9a8e4659
Beds · Baths
18 · 8
Location

Worcester, MA.

Worcester is a hill city of triple-deckers, mills turned to new use, and a revived downtown around the theatre and the canal district. It sits at the crossing of the Mass Pike and I-290, roughly midway between Boston and the Connecticut River.

Estimated Monthly Payment+
$7K/mo
Approximate · principal & interest only
Display Currency
$1.5M

Indicative conversion — settlement always in USD.

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Listing courtesy of Property Investors & Advisors, LLC · MLSPIN

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Listings updated Oct 13, 2026

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