127 Institute Rd Worcester, MA 01602
Salisbury Street Neighborhood
7
Beds
3.5
Baths
4,680
Sq Ft
6,035
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Mud Room
- Property is near public transit
- Corner Lot
- 4-minute walk to Elm Park
About This Home
As of November 2024***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!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,738
Year Built
- Built in 1920
Lot Details
- 6,035 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,680 Sq Ft Home
- Mud Room
- Living Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 9 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:11 B:003 L:00001,1772921
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $700,000 | -6.7% | $150 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $750,000 | -- | $160 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $380,100 | $129,900 | $250,200 |
| 2024 | -- | $344,600 | $129,900 | $214,700 |
| 2023 | $0 | $412,500 | $113,000 | $299,500 |
| 2022 | $0 | $329,100 | $90,400 | $238,700 |
| 2021 | $649 | $222,300 | $72,300 | $150,000 |
| 2020 | $4,464 | $188,000 | $67,000 | $121,000 |
| 2019 | $0 | $186,000 | $65,000 | $121,000 |
| 2018 | $0 | $182,500 | $65,000 | $117,500 |
| 2017 | $0 | $182,500 | $65,000 | $117,500 |
| 2016 | -- | $177,800 | $54,700 | $123,100 |
| 2015 | -- | $177,800 | $54,700 | $123,100 |
| 2014 | $4,687 | $177,800 | $54,700 | $123,100 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | Commercial | |
| Closed | $104,000 | Commercial | |
| Closed | $350,000 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $330,000 | -- | |
| Deed | $330,000 | -- |
Source: Public Records
Similar Homes in Worcester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73257939
APN: WORC-000011-000003-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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