Description
Meet your next value add project. Located at the end of a dead-end street, this legal two-family offers two 3-bedroom, 1-bath units, separate electric meters, laundry in each unit, town sewer, and off-street parking for at least four vehicles on a .2-acre lot. The property will be delivered vacant, giving the next owner a clean starting point for renovation. The opportunity here is in the numbers and the finished product. With three-bedroom apartments in the area renting over $2,000 per month, the property offers potential for an investor looking to renovate, stabilize, and hold. Another path is to take on the renovation with a resale strategy in mind. The location adds to the equation, with convenient access to Route 122, Route 20, and the Mass Pike. The property is in need of substantial renovation, inside and out, and should be approached accordingly. The existing heating systems include electric heat on the second floor and oil baseboard on the first floor. Buyers should perform their own due diligence regarding condition, renovation costs, rental projections, and future value. Cash or hard-money financing preferred. If you're looking for a move-in-ready property, this isn't it. If you're looking for a two-family project where the work creates the opportunity, this one is worth a look. First buyer got within a few days of closing and walked away before the courts issued the license to sell document, their loss, your gain.
Details
| MLS # | 73502046 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 180 |
| Listing Provided By | Real Broker MA, LLC | Jim Black Group |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,966 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | . |
| Acreage | 0.20 |
Interior
| Rooms Total | 13 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard, Oil, Electric |
| Interior Features | Living Room, Dining Room, Kitchen |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame |
| Foundation Details | Stone, Irregular |
| Lot Features | Cleared, Level |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Unpaved |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup |
|---|---|
| Sewer | Public Sewer |
| Electric | Individually Metered, Varies per Unit |
Taxes
| Tax Annual Amount | 4131 |
|---|---|
| Tax Assessed Value | 308500 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Worcester |
| City | Millbury |
| Zip Code | 01527 |
| Area | Worcester |
| School District | Millbury Jr/Sr High School |
| Elementary School | Elmwood St School |
| High School | Millbury Jr/Sr High School |
| Listing VS Median (in 01527) | |
Price: $299,900 low | high Med: $459,900 sqft: 1,966 low | high Med: 1,746 $ / sqft: $153 low | high Med: $263 On site: 180 low | high Med: 21 | |
Market Activity 01527
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Learn More About This Property
| State | MA |
|---|---|
| County | Worcester |
| City | Millbury |
| Zip Code | 01527 |
| Area | Worcester |
| School District | Millbury Jr/Sr High School |
| Elementary School | Elmwood St School |
| High School | Millbury Jr/Sr High School |
| Listing VS Median (in 01527) | |
Price: $299,900 low | high Med: $459,900 sqft: 1,966 low | high Med: 1,746 $ / sqft: $153 low | high Med: $263 On site: 180 low | high Med: 21 | |
