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Property profile & analytics
OFF-MARKET
Commercial real estate

26 Sever St Worcester, MA 01609

4,242 SF 0.23 ac lot
Property ID
US38-0700757
Property summary
AI-generated overview

This exceptional investment opportunity presents a three-story, five-unit apartment building situated on a 0.23-acre lot in Worcester, Massachusetts. The property, located at 26 Sever Street, boasts a total of 4,242 square feet and is zoned RL-7. The building comprises five apartments, offering a mix of one- and two-bedroom units. Rental income is currently estimated at $7,400 per month, with all units including heat and hot water. Individual unit details vary, with some units featuring 1-2 bedrooms and 1 bathroom. The property benefits from its excellent location near Worcester Polytechnic Institute (WPI), other colleges, and convenient access to major roadways (Routes 9, 190, and 290), Elm Park, downtown Worcester, and the airport. The property also features a large backyard. The asking price is $705,000, translating to $166.20 per square foot. This presents a strong value proposition for investors seeking a well-located multifamily property with significant rental potential in a high-demand area. The property's strong rental history and convenient location make it an attractive investment opportunity. The APN is M:02 B:046 L:00058. This information is for informational purposes only and should be independently verified.

Property profile
Verified
Property type Commercial real estate
Total area 4,242 SF
Lot 0.23 ac (10,019 SF)
APN M:02 B:046 L:00058
UPID US38-0700757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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