Rob Smith
PREMIER SOTHEBY'S INTL REALTY
(508) 625-7572
171 Total Sales
2 in Armory Village
$402K - $411K Price Range
85 S Main St Millbury, MA 01527
Armory Village NeighborhoodEstimated Value: $329,000 - $450,000
8
Beds
3
Baths
4,515
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- Medical Services
- Scenic Views
- Deck
- Spa
- Waterfront
- Property is near golf course, public transit, and schools
About This Home
As of May 2022Updated and fully tenanted 3-family in great downtown Millbury location! Just minutes to Bars, Restaurants, Movie Theater, Shops, Grocery Stores and MAJOR HIGHWAYS! Short distance to Worcester and 45 minutes to Boston. This updated multi-family property currently has below-market rents with major upside potential. Do NOTHING! All units have long-term tenants on TAW. One unit could be vacated for new owner. Each unit is separately metered, has ample storage space and comes with multiple off-street parking spots. A dream property for owner-occupants or seasoned investors. ProForma attached. Showings begin on Sunday, please do not disrupt the current tenants. Pre-Approval or Proof of Funds is required to view the units. Showings on SUNDAY BY APPOINTMENT ONLY. Sellers will review any and all offers Monday at 2:00 PM.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,875
Year Built
- Built in 1900 | Remodeled
Lot Details
- 14,375 Sq Ft Lot
- Waterfront
- Level Lot
- Cleared Lot
- Garden
Home Design
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 4,515 Sq Ft Home
- Property has 1 Level
- Wood Burning Fireplace
- Storage
- Washer and Dryer Hookup
- Scenic Vista Views
- Unfinished Basement
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Whirlpool Bathtub
Parking
- 10 Car Parking Spaces
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Spa
- Deck
- Patio
- Rain Gutters
- Porch
Location
- Property is near golf course, public transit, and schools
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,850
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:045 B:0000027 L:
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $448
- Insurance Expense $3,000
- Water Sewer Expense $1,782
- Operating Expense $10,401
- Net Operating Income $35,799
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2004
Sold by
Devoe William J and Devoe Evelyn R
Bought by
Current Estimated Value
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Armory Village, MA
-
Rob Smith
-
Juan Lopera-Martinez
Juan Lopera-Martinez
eXp Realty LLC
(339) 338-4961
85 Total Sales
1 in Armory Village
$290,500 Price
-
Michael Nugent
Michael Nugent
RE/MAX Prof Associates
(774) 479-4459
74 Total Sales
1 in Armory Village
$382,000 Price
-
Andrea Castinetti
Andrea Castinetti
Responds QuicklyCastinetti Realty Group
(508) 917-6266
266 Total Sales
1 in Armory Village
$360,000 Price
-
Kathleen Walsh
Kathleen Walsh
Responds QuicklyKeller Williams Realty North Central
(351) 200-0645
156 Total Sales
1 in Armory Village
$246,000 Price
-
Robin Riel
RR
Robin Riel
Responds QuicklyKeller Williams Pinnacle Central
(508) 504-7635
518 Total Sales
4 in Armory Village
$350K - $650K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $30,000 | ||
| Closed | Devoe William J | $30,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $606,000 | +10.2% | $134 / Sq Ft |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $549,900 | -- | $122 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,602 | $343,700 | $111,500 | $232,200 |
| 2024 | $4,226 | $319,400 | $103,300 | $216,100 |
| 2023 | $3,956 | $273,800 | $72,500 | $201,300 |
| 2022 | $3,882 | $258,800 | $72,500 | $186,300 |
| 2021 | $3,807 | $246,700 | $72,500 | $174,200 |
| 2020 | $3,690 | $240,700 | $72,500 | $168,200 |
| 2019 | $3,650 | $230,300 | $65,800 | $164,500 |
| 2018 | $3,585 | $219,400 | $65,800 | $153,600 |
| 2017 | $3,209 | $195,300 | $65,800 | $129,500 |
| 2016 | $2,964 | $180,100 | $65,800 | $114,300 |
| 2015 | $2,986 | $181,400 | $70,000 | $111,400 |
| 2014 | $3,022 | $176,700 | $70,000 | $106,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ethan Forrest
Seller's Agent in 2022
Ethan Forrest
The Aland Realty Group LLC
(978) 239-6418
1 in this area
85 Total Sales
-
Mark Balestracci
Buyer's Agent in 2022
Mark Balestracci
Lamacchia Realty, Inc.
(508) 615-8091
2 in this area
418 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72952993
APN: MILB-000063-000000-000117
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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