***MULTIPLE OFFERS- HIGHEST AND BEST, WED JULY 3RD @ 5PM***NEW LISTING***INVESTORS TAKE NOTE!!****PRIME LOCATION WITH HIGH VISIBILITY AND EASY HIGHWAY ACCESS ***CORNER OF PARK AVE AND INSTITUTE***LOCAL BUSINESS OPERATED FOR MORE THAN 50 YEARS ON THE FIRST FLOOR** GREAT SPACE WITH LOTS OF POTENTIAL AND LARGE RENTAL UNITS ON THE SECOND & THIRD FLOOR FOR ADDED INCOME*** THE SECOND FLOOR FEATURES 4 BEDROOMS, LARGE LIVING, PANTRY, LARGE EAT-IN KITCHEN, TWO FULL BATHROOMS AND MUDROOM***THIRD FLOOR FEATURES 3 BEDROOMS, LIVING ROOM, PANTRY, LARGE EAT-IN KITCHEN, BATHROOM, MUDROOM AND BONUS OFFICE/UTILITY SPACE (UNHEATED)***BOTH RENTAL UNITS FEATURE HARDWOOD FLOORS THROUGHOUT***OFF STREET PARKING THREE SIDES OF THE BUILDING**BE PART OF EVERYTHING WORCESTER HAS TO OFFER WITH HOSPITALS, COLLEGES, HANOVER THEATER, ECOTARIUM, RAILERS HOCKEY & WOO SOX BASEBALL!!
Sold for $700,000 on 11/19/24
$700,000
127 Institute Rd, Worcester, MA 01602
7beds
4,680sqft
3 Family
Built in 1920
-- sqft lot
$659,900 Zestimate®
$150/sqft
$3,939 Estimated rent
Home value
$659,900
$594,000 - $726,000
$3,939/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 19, 2024 at 04:39pm
Listed by:
Colleen Griffin 508-439-3002,
RE/MAX Vision 508-595-9900
Bought with:
Brian Allen
Property Investors & Advisors, LLC
Source: MLS PIN,MLS#: 73257939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Pantry, Living Room, Kitchen, Mudroom
- Flooring: Hardwood
- Basement: Full,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 4,680
- Total interior livable area: 4,680 sqft
Property
Parking
- Total spaces: 9
- Parking features: Off Street
- Uncovered spaces: 9
Lot
- Size: 6,035 sqft
- Features: Corner Lot
Details
- Parcel number: M:11 B:003 L:00001,1772921
- Zoning: BL-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $700,000-6.7%$150/sqft |
Source: MLS PIN #73257939 | ||
| 7/11/2024 | Contingent | $750,000$160/sqft |
Source: MLS PIN #73257939 | ||
| 6/27/2024 | Listed for sale | $750,000+127.3%$160/sqft |
Source: MLS PIN #73257939 | ||
| 4/19/2007 | Sold | $330,000$71/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $380,100 +10.3% |
| 2024 | -- | $344,600 -16.5% |
| 2023 | -- | $412,500 +25.3% |
Find assessor info on the county website
Neighborhood: 01602
Nearby schools
GreatSchools rating
- 5/10Jacob Hiatt Magnet SchoolGrades: PK-6Distance: 1.1 mi
- 2/10Forest Grove Middle SchoolGrades: 7-8Distance: 1.1 mi
- 3/10Doherty Memorial High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$659,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$659,900