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127 Institute Rd

Worcester, MA 01602
$700,000
7 Beds
3/1 Baths
4,680 Living Area
  • Property Description
    ***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!!
  • Highlights
    • Parking Spots: 9
    • Property Type: 3 Family
    • Year Built: 1920
    • Property Class: Residential Income
    • Total Rooms: 18
    • Status: Closed
  • Additional Details
    • Appliances: Range
    • Construction: Frame
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: Bl-1
    • Basement: Full, Sump Pump
    • Flooring: Hardwood
    • Interior Features: Pantry, Living Room, Kitchen, Mudroom
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
    • Parking Features: Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $344,600
    • Compensation Based On: Net Sale Price
    • Taxes: $4,738
    • Buyer Agent Compensation: 2%
    • Tax Year: 2024

Location

127 Institute Rd, Worcester, MA 01602

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Property Investors & Advisors, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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