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.
For sale
$1,499,000
28 Sever St, Worcester, MA 01609
18beds
5,596sqft
5-9 Family
Built in 1920
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
New boilerOn-site coin-op laundry
- 55 days
- 194
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Brian Allen 508-868-0927,
Property Investors & Advisors, LLC 774-413-0272
Source: MLS PIN,MLS#: 73565816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Features
- Has basement: No
- Number of fireplaces: 5
Interior area
- Total structure area: 5,596
- Total interior livable area: 5,596 sqft
- Finished area above ground: 5,596
Property
Parking
- Total spaces: 6
- Parking features: Off Street
- Uncovered spaces: 6
Lot
- Size: 8,235 Square Feet
- Features: Other
Details
- Parcel number: M:02 B:046 L:00056,1763624
- Zoning: RL-7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Irregular
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Worcester
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $849,500
- Annual tax amount: $11,205
- Date on market: 8/19/2026
- Exclusions: Tenants Personal Property
- Total actual rent: 14200
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $1,499,000$268/sqft |
Source: MLS PIN #73565816 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




