132 Institute Rd, Worcester MA 01602

Worcester, MA 01602 • WPI

$400,000

Est. $2,626/month

3

Beds

2

Baths

1,702

Sq Ft

$235

Price/Sq Ft

0.15

Acres

1912

Year Built

Single Family Residence

Type

175

Days on Market

Pending Price Drop -$25,000 Listed Jun 14, 2025 • MLS# 73391023 Copied!

About this home

Back on Market! Classic home in sought-after WPI district! This solid 3-bedroom home is now vacant & cleaned so you can more easily its potential.Perfect blend of character, space, and location—just waiting for a new owner with vision. Enter through the inviting front porch into a generously sized Living Rm leading to Dining RM. The kitchen features some newer cabinets, flooring, young appliances, plus original pantry for extra storage. 1st floor bath has been updated with walk-in shower & laundry - washer and dryer stay. Sunroom offers great potential to be a favorite spot in the home & opens to a private backyard. Updates inc. roof and oil tank (2024), water heater (approx. 2 yrs), replacement windows. With some fresh paint and finishing touches, this home could truly shine. Close to Elm Park, Worcester Art Museum, restaurants, and more. Easy highway access in a vibrant, convenient location. Check out floor plans attached.

Property Overview

Property Type

Single Family Residence

Listing Type

For Sale

Year Built

1912

Bedrooms

3

Full Bathrooms

2

Living Area

1,702 sq ft

Total Rooms

7

Facts & Features

Home Facts

Type Residential

Style Single Family Residence

Year Built 1912

Living Area 1,702 sq ft

Lot Size 0.15 acres

Bedrooms 3

Full Baths 2

Total Rooms 7

Interior

Heating Steam, Oil

Cooling None

Flooring Wood, Tile, Vinyl, Hardwood, Flooring - Stone/ceramic Tile, Flooring - Hardwood

Appliances Water Heater, Range, Dishwasher, Microwave, Refrigerator, Dryer

Fireplace None

Fireplaces 1

Basement Full, Interior Entry, Concrete, Unfinished

Laundry Dryer Hookup - Electric, Washer Hookup, First Floor, Electric Dryer Hookup

Features Bathroom - Full, Bathroom - With Shower Stall, Lighting - Overhead, Bathroom - With Tub, Closet - Linen, Ceiling Fan(s), Bathroom, Sun Room, Walk-up Attic

Exterior

Construction Frame

Architecture Cottage, Bungalow

Roof Shingle

Features Porch, Porch - Enclosed, Patio, Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch, Porch - Enclosed, Patio

Parking

Has Garage Yes

Features Storage, Paved Drive, Shared Driveway, Off Street, Paved

Total Spaces 2

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,838

Assessed Value $366,800

Interior Features

Flooring: Wood, Tile, Vinyl, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood

Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Dryer

Interior Features: Bathroom - Full, Bathroom - With Shower Stall, Lighting - Overhead, Bathroom - With Tub, Closet - Linen, Ceiling Fan(s), Bathroom, Sun Room, Walk-up Attic

Windows: Window(s) - Bay/Bow/Box, Insulated Windows

Basement: Full, Interior Entry, Concrete, Unfinished

Laundry: Dryer Hookup - Electric, Washer Hookup, First Floor, Electric Dryer Hookup

Security:

Construction & Materials

Style: Cottage, Bungalow

Year Built: 1912

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Heating, Cooling & Utilities

Heating: Steam, Oil

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch, Porch - Enclosed, Patio, Rain Gutters

Patio & Porch: Porch, Porch - Enclosed, Patio

Fencing:

Other Structures:

Lot Features: Easements, Gentle Sloping, Level

Road Frontage: 65.00 ft

Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2

Parking Features: Storage, Paved Drive, Shared Driveway, Off Street, Paved

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Sidewalks

Location

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Neighborhood

WPI

132 Institute Rd, Worcester MA 01602

Worcester, MA 01602

Walkability

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Schools

Elementary School

Flagg St

Rating information coming soon

Middle School

Forest Grove

Rating information coming soon

High School

Doherty

Rating information coming soon

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Property Tax $403

Homeowners Insurance $200

PMI (if <20% down) $0

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

🏠

Listed for Sale

Jun 14, 2025

$400,000

Original listing

Agent: Susan Dicks Office: ERA Key Realty Services

🏠

Listed for Sale

Jun 14, 2025

$400,000

Original listing

Agent: Susan Dicks Office: ERA Key Realty Services

Date	Event	Price	Change	$/sqft	Details
06/14/2025	🏠 Listed for Sale	$400,000	-	-	Original listing
06/14/2025	🏠 Listed for Sale	$400,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 14, 2025	New Listing Added	$400,000	—
Jun 14, 2025	New Listing Added	$400,000	—

Market Statistics

Days on Market

175 days

Price per Sq Ft

$235

Total Price Drop

-$25,000

Tax History

Year	Taxes	Assessment
2025	$4,838	$366,800

Financial Details

Annual Property Tax

$4,838

Tax Year 2025

Assessed Value

$366,800

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Listed for Sale

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132 Institute Rd, Worcester MA 01602

About this home

Property Overview

Facts & Features

Home Facts

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Parking

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Interior Features

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Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

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