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Image 1 - 127 Institute Rd, Worcester MA 01602 - House for sale
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7 bedroom house in Worcester
127 Institute Rd, Worcester MA 01602

7 bedroom house in Worcester

house for sale
Listed: 06/29/24

127 Institute Rd, Worcester MA 01602

7 Bed:
4 Bath:
4,680 Sq Ft Living Area:
1920 Year Built:
Save
Price
$ 750,000

About This House

*** 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 Includes

  • Range
  • Hardwood
  • Pantry
  • Living Room
  • Kitchen
  • Mudroom

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Worcester Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Worcester, United States averaged $362,502, an increase of 4.6% from the previous month.
Median price trends for properties for sale in Worcester, United States as of June 2024.

Household Income

Median household income: $45,869
Number of households: 70,792
The average household income in Worcester, MA grew from $45,599 to $45,869 in the past year. This data is an estimate based upon 70,792 households in Worcester, MA.
The chart below presents how household income is distributed in Worcester, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Worcester, MA compared to median property taxes around the country. The prevalent amount of property taxes in Worcester, MA equals $3k+ , which is more than the national average.