Sold
Last Sold Price
8 beds4,892 sqft$29/sqft
156-8 Institute Rd, Worcester, MA 01602
Multi FamilyProperty Type
1.23 acresLot Size
1920Year Built
$29/sq ftPrice per sq ft
8 carsParking Spaces

Description

Fine properties special: west side 4 family with over 1.2 acres of land and frontage for other lots. Great for owner user. Sided, new kitchens, new baths, new windows on some floors, new electrical, new central heating in all units.Fine properties special: west side 4 family with over 1.2 acres of land and frontage for other lots. Great for owner user. Sided, new kitchens, new baths, new windows on some floors, new electrical, new central heating in all units.
  • Listed by: Jane Fine • Justine Snyder
Listing closed: 09/06/1996 12:00 AM • Source: MLS PIN, MLS#: 30080300

Recent comparable sales

Median sold price

$790,000

Avg days on market

31

Sale-to-list ratio

94.9%

Worcester, MA

9 comparable properties found

a front view of a house with a yard
1/32
1

$790,000

Sold 01/22/25

8
Bedrooms
4,300
Square Feet
0.15
Acres
$672,500 | 1 Lund Street, Worcester, MA 01607
1/27
2

$672,500

Sold 03/26/25

8
Bedrooms
4,588
Square Feet
0.11
Acres
a house view with a sitting space
1/27
3

$725,000

Sold 03/04/25

8
Bedrooms
3,615
Square Feet
0.14
Acres
$875,000 | 36 Institute Road, Worcester, MA 01609
1/16
4

$875,000

Sold 11/26/24

8
Bedrooms
4,440
Square Feet
0.20
Acres
a car parked in front of a house
1/21
5

$1,000,000

Sold 04/02/25

8
Bedrooms
7,240
Square Feet
0.29
Acres
$1,200,000 | 340 Hamilton Street, Worcester, MA 01604
1/43
6

$1,200,000

Sold 12/19/25

8
Bedrooms
4,578
Square Feet
0.13
Acres
$730,000 | 15 Circuit Avenue East, Worcester, MA 01603
1/17
7

$730,000

Sold 07/15/26

9
Bedrooms
4,196
Square Feet
0.19
Acres
$770,000 | 37 Oak Avenue, Worcester, MA 01605
1/27
8

$770,000

Sold 08/21/26

7
Bedrooms
4,060
Square Feet
0.16
Acres
$840,000 | 193 Belmont Street, Worcester, MA 01605
1/27
9

$840,000

Sold 03/17/25

7
Bedrooms
4,088
Square Feet
0.14
Acres

Location

Listing Courtesy of Justine Snyder, Jane Fine

Sold By Fine Properties, Inc., Edward Levine

Add your commute

Payment Calculator

$1,067 per month

30 year fixed, 6.55% Interest

Principal and Interest

$722

Property Taxes

$345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 156-8 Institute Road

Property Details
  • Taxes: $4,145 / year
  • MLS Type: Multi-family / 4 Family
  • Town: Worcester
  • Area: MA-Worcester
  • Garage Spaces: 2
  • Open Parking Spaces: 8.00
  • Parking Spaces Total: 8
Building Information
  • Stories: 6
  • Residences: 4
  • Year Built: 1920
  • Lot Size: 1.23 AC / 53,417 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. ARM
  • Living Area: 4892.0
  • Color: YELLOW
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Owner
Location/School
  • High School: Doherty
  • Middle School: Forest Grove
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 4(Range, Washer, Dryer)
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 0
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl
  • Interior Features: Unit 2(Lead Certification Available, Storage), Unit 3(Storage), Unit 4(Lead Certification Available, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot, Wooded, Other
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Unit 1(Central Heat, Forced Air, Oil), Unit 2(Central Heat, Unit 3(Central Heat, Unit 4(Central Heat
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public, City/Town Water
Property Information
Property Info
  • UFFI: No
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public, Private Road
Tax Information
  • Assessments: $254,000
  • Book: 7136
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Foundation Area: 1288.0
  • Frontage: 0.00
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $264.00
  • Annual Expenses Source: Owner
  • GOI: $21,000.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,200.00
  • GRE: $2,464
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $0
  • NOI: $18,536.00
  • Operating Expense: $2,464.00
  • WSE: $1,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 3
Unit 4 Description
  • Floor U4: 0
  • Lease U4: N
  • Levels U4: 0
Rental Info
Rental Info
  • Total Actual Rent: $1,750.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 3
  • Selling Broker Comp: 3
  • Other Agent Compensation: 3

Property History for 156-8 Institute Road

DateEvent & SourcePriceAppreciation
Sep 6, 1996

Sold

MLS PIN #30080300

$142,000
Jul 2, 1996

Under Agreement

MLS PIN #30080300

Jul 2, 1996

Contingent

MLS PIN #30080300

DateEvent & SourcePrice
09/06/1996

Sold

MLS PIN #30080300

$142,000
07/02/1996

Under Agreement

MLS PIN #30080300

07/02/1996

Contingent

MLS PIN #30080300

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 156-8 Institute Road

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - K to 6
Public - 7 to 8
Rating
School
Distance
Jacob Hiatt Magnet School
PublicPK to 6

Worcester Dual Language Magnet School
PublicPK to 6

Midland Street School
PublicK to 6

Forest Grove Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 156-8 Institute Road, Worcester, MA 01602
$142,000
8
4,892
53,417
$1
4
2
1,793
3,686
$369,000
5
2,443
9,750
$190,000
4
1,593
5,409
$47,000
4
1,200
3,771
4
4,806
46,481

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Justine Snyder, Jane Fine

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.