Four-building, 12-unit multifamily portfolio in Worcesters desirable WPI district, offering 44 bedrooms across 15,354 SF and $423,600 in annual gross income. All properties are within walking distance of each other on quiet residential streets near Worcester Polytechnic Institute, supporting strong, consistent student-driven rental demand. Portfolio includes: 188 Park Ave, a 3-unit, 14-bed property with renovated units, modern finishes, and $130,800/year income plus $30,000+ in scheduled rent increases; 26 Lee St, a 3-unit, 12-bed 1893 three-story with detached garage and $114,000/year income; 31 Lee St, a 3-unit, 10-bed Victorian directly across from 26 Lee generating $91,200/year; and 36 Westland St, a 3-unit, 8-bed shingle-style home with detached garage and $87,600/year income. Entire portfolio also available as MLS #73488551 and may be sold in various building combinations.
Listed By
Agency Name: Douglas Elliman Real Estate - Park Plaza
Agency Phone: 617-267-3500
Agent Name: Brody Murphy Novak Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 13,308.80 per month $9,347.38 Principal & Interest $2,736.42 Property Tax $1,225.00 Homeowner's Insurance
26 Lee St | MLS# 73499072
This multi-family property located at 26 Lee St, Worcester, MA 01602 is currently listed for sale with an asking price of $4,200,000. Search Worcester real estate on www.masiellogrouprealestate.com today.