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Four-building, 12-unit multifamily portfolio in Worcester's 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.

More Info

Basic Information

  • Gross Income $423,600
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 1773003

Tax Information

  • Tax Assessed Value $999,999
  • Tax Year 2025
  • Taxes$32,837

Parking

  • Covered Spaces 4
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces16

Rooms

  • Bathroom15
  • Bathrooms Total Decimal 15
  • Bedrooms44
  • Full Bath15

Basic Information

  • List Price$4,200,000
  • MLS Number73499072
  • Modification Date04/13/2026
  • Property SubType5-9 Family

Location

  • Address26 Lee Street
  • Building Number26
  • CountyWorcester
  • NeighborhoodWPI
  • StateMA
  • StreetLee Street
  • SubdivisionWpi
  • TownWorcester
  • Zip01602

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Block, Stone
  • Garage Spaces4
  • Levels 3
  • Rooms95
  • Stories3
  • Units12
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Owner

Property

  • Acreage0.68

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 15,834
  • Lot Size Square Feet 29,758
  • Lot Size Units Acres
  • Square Feet15,834

Legal

  • ZoningRL-7

Other

  • Date Listed04/09/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by Brody Murphy Novak Group of Douglas Elliman Real Estate - Park Plaza

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