Last Sold Price
8 beds4,440 sqft$197/sqft
36 Institute Rd, Worcester, MA 01609

Description

Exciting investment opportunity to own this large, side by side duplex, on the West side adjacent to WPI. Conveniently located within walking distance to Institute Park, Highland Street restaurants, Worcester Art Museum, as well as Park Avenue and Downtown. This older home with lots of character features high ceilings, hardwood floors, fireplaced living rooms, metal kitchen cabinets, built in cabinetry, and wood trim throughout. Each side has a walk-up staircase to a third floor that could be used...Exciting investment opportunity to own this large, side by side duplex, on the West side adjacent to WPI. Conveniently located within walking distance to Institute Park, Highland Street restaurants, Worcester Art Museum, as well as Park Avenue and Downtown. This older home with lots of character features high ceilings, hardwood floors, fireplaced living rooms, metal kitchen cabinets, built in cabinetry, and wood trim throughout. Each side has a walk-up staircase to a third floor that could be used as additional living space. Great for your family or as an investment.
LISTING CLOSED: 11/26/2024 12:00 AM

  1. Listed by John Carney • Locations, Inc.

Property Details for 36 Institute Road

Status
MLS #
73285880
Days on Market
81
Taxes
$9,083 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family - 2 Units Side by Side
Year Built
1923
Town
Worcester
MLS Area
WPI
Area
MA-Worcester-WPI, MA-Worcester
Garage Spaces
2
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Locations, Inc., John Carney

Sold By Property Investors & Advisors, LLC, George Nanis

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Building Information for 36 Institute Road

Stories4Residences2Year Built1923Building Size-Lot Size0.20 AC / 8,724 SF

Payment Calculator

$5,204 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$757

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 36 Institute Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Tennis Court, Park, Sidewalks
  • Current Financing: Conv. ARM
  • Living Area: 4440.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 3
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Interior Features: Walk-Up Attic, Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Central, Steam, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: PROOF OF FUNDS VERIFICATION PRIOR TO SHOWING APPOINTMENT. PRE-APPROVAL WITH ALL OFFERS. THE BUYER/BUYER AGENT NEEDS TO PERFORM ALL DUE DILIGENCE AT THE BUYER'S EXPENSE & VERIFY ALL LISTING INFORMATION. THE LISTING AGENCY/AGENT DOES NOT WARRANT LISTING.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:02 B:043 L:00132,1763543
  • Assessments: $660,600
  • Book: 41352
  • Tax Year: 2024
  • Zoning: IN-S
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 36 Institute Road

DateEvent & SourcePriceAppreciation
Nov 26, 2024

Sold

MLS PIN #73285880

$875,000
Sep 14, 2024

Under Agreement

MLS PIN #73285880

Sep 14, 2024

Contingent

MLS PIN #73285880

DateEvent & SourcePrice
11/26/2024

Sold

MLS PIN #73285880

$875,000
09/14/2024

Under Agreement

MLS PIN #73285880

09/14/2024

Contingent

MLS PIN #73285880

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

Public Records for 36 Institute Road

Taxable ValueLand$98,100Additions$630,500Total$728,600
Tax Record2025$9,610 ($801 / month)
Home Facts
Baths4Total Finished SqFt4,440 SqFtAbove Grade Finished SqFt4,440 SqFtUnfinished Basement SqFt2,236 SqFtStories2Lot Size8,724 SqFtStyleDuplexYear Built1923ZoningIN-SCountyWORCESTERAPNWORC M:02 B:043 L:00132Fireplace TypeHas Fireplace

Schools near 36 Institute Road

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

Worcester Dual Language Magnet School
PublicPK to 6

Elm Park Community School
PublicPK 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: 36 Institute Road, Worcester, MA 01609
$875,000
8
4,440
8,724
6,018
11,334
$218,000
3
2
2,126
6,952
6
4,488
11,410
6,252
6,952
4
3,388
7,891

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 Locations, Inc., John Carney

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.