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.
This home has been viewed 6 times
Last Checked: June 5th, 2026 at 4:29am (Source: MLS PIN #73499072)
Gross Income: $110,400
Gross Expenses: $32,837
Net Income Calc: $77,563
Water Views
Annual Expenses for 26 Lee St, Worcester MA 01602
Total Gross Expenses (Calculated)$32,837/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax32837
Annual Income & Unit Breakdown for 26 Lee St, Worcester MA 01602
Total Gross Income (Calculated)$110,400
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 26 Lee St, Worcester MA 01602
Listing ID73499072
Property TypeMulti Family / 5+ Family
Price4200000 ($265.25/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
MLS AreaWPI
Neighborhood(s)
Approximate Living Area Total15834
Approximate Lot Size (Acres)0.68
Total Parking20 (4 Garage)
Garage Parking4
Year Built1900
Year Built SourceOwner
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRL-7
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 26 Lee St, Worcester MA 01602
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 26 Lee St, Worcester MA 01602
Real Estate Taxes32837
Tax Year2025
Assessed Value$999,999
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 26 Lee St, Worcester MA 01602
Neighborhood(s)
MLS AreaWPI
Area Amenities
Contact Information for 26 Lee St, Worcester MA 01602