Agent profile image in chat bubble
Agent profile image in chat header

Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

Agent profile image in message

28 Sever St , Worcester, MA 01609
$1,499,000
Est. Payment: $3,331.11/mo
18 Bed
8 Bath
5596 Sqft
Status: Active | Days on site: 29
Get Pre-Qualified
AN6259 - K8000195
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

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.

Highlights

Listed by Brian Allen , 508-868-0927 Property Investors & Advisors, LLC , 774-413-0272.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1920

County

Worcester

Listing ID

73565816

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:18
  • Bathrooms:8
  • Full Bathrooms:7
  • 1/2 Bathrooms:1
Water:Public

Exterior Features

Garage Capacity:6
Zoning:RL-7
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 6
Principal Interest
$3,331
Taxes
$934

Home Price

$1,499,000

Loan Details

30 yrs
%

Down Payment

20%
$299,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,331.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,331.11 $933.75 $0.00 $4,264.86
Yearly $39,973.33 $11,205.00 $0.00 $51,178.33
Total $1,199,200.00 $336,150.00 $0.00 $1,535,350.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Worcester, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.