***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!!
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Last Updated: October 20th, 2024 at 4:18am
Highway Access
House Of Worship
Public School
Shopping
Park
Medical Facility
Public Transportation
T-station
Private School
University
General Information for 127 Institute Rd, Worcester, Massachusetts 01602
Property TypeResidential Income
Property Sub TypeMulti Family
Price$750,000
Price per sqft$160.26
MLS #73257939
Handicap Access / FeaturesNo
List Date2024-06-26
Special Listing ConditionsNo
StateMassachusetts
Street NameInstitute Rd
CityWorcester
Zip Code01602
CountyWorcester
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date15/11/2024
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4680
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress127 Institute Rd, Worcester MA 01602
Zoning
Interior Features for 127 Institute Rd, Worcester, Massachusetts 01602
* Approx. Living Area Total4,680 sq ft
Living Area Includes BasementNo
Bedrooms7
* # Fireplaces0
Bathrooms (Total)3.5
Full Baths3
* # Half Baths1
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area DisclosureFIRST FLOOR PREVIOUS USED AT AN OPTICAL STORE/BA &
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_10
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_10
MLSPIN_F_BTHS_22
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_11
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_4
OffMarketDate24/07/2024
Exterior Features for 127 Institute Rd, Worcester, Massachusetts 01602
* Approximate Lot Size0.14 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces9
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)6,035 Sqft
Disclosures for 127 Institute Rd, Worcester, Massachusetts 01602
Buyer Agent Compensation2
ContingencyPending P&S
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureFIRST FLOOR PREVIOUS USED AT AN OPTICAL STORE/BA &
Living Area Includes BasementNo
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 127 Institute Rd, Worcester, Massachusetts 01602
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$0
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT20
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$750,000
RENT_FEE_INCLUDESNo
TOTAL_RENT0
WaterSewerExpense$0
Lifestyle Information for 127 Institute Rd, Worcester, Massachusetts 01602
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 127 Institute Rd, Worcester, Massachusetts 01602
Elementary School
Middle School
High School
NumberOfUnitsTotal3
Marketing History for 127 Institute Rd, Worcester, Massachusetts 01602
MLSPIN_MARKET_TIME_BROKER29
MLSPIN_MARKET_TIME_PROPERTY29
PurchaseContractDate2024-07-11
Agent Information for 127 Institute Rd, Worcester, Massachusetts 01602