NOT LISTED FOR SALE

Estimated Value: $603,000 - $659,000

10 Beds
3 Baths
3,048 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $550,000 $180 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,068/month

45 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of December 2023

*Investors* HUGE Corner Lot on N. Main St in Millbury w/ Amazing Potential to create Equity and Cash Flow. Also A Great opportunity to renovate the unit to your liking and live there while collecting rents. The oversized lot also has Potential Buildable Options with Town Approval! (3-5 potential units w/ one Proposed Plan attached.) This is a Large 3-Family w/ Separate Utilities, Off Street Parking, a MASSIVE Garage/Barn that can be fixed up for use! 1st Floor is vacant and to the studs, the other 2 Floors both have 4 Bedrooms Each and are rented out on a TAW. Market rent for all units is $2200 - 2nd floor currently pays $2,000 and 3rd floor currently pays $1800 while both pay their own utilities. Easy Access to RT-146, Mass Pike, Downtown Millbury & The Shoppes at Blackstone Valley!

Last Agent to Sell the Property

Dan DiRoberto

The DiRoberto Group Inc. Listed on: 10/18/2023

Last Buyer's Agent

Jacob Greasley

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,913

Year Built

  • Built in 1862

Lot Details

  • 0.47 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,048 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $6,600
  • Assessor Parcel Number M:045 B:0000076 L:,3580644

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $74,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,913

Year Built

Built in 1862

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1862
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Hardwood
  • Fireplace YN: No
  • Appliances: Utility Connections for Electric Range
  • Total Bedrooms: 10
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3048
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8053
  • LIST PRICE PER Sq Ft: 180.12
  • PRICE PER Sq Ft: 180.45
  • MAIN SO: AN3993

Exterior Features

  • Exterior Features: Porch,Patio
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:045 B:0000076 L:,3580644
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Size Sq Ft: 20600
  • Lot Size Units: Acres
  • PAGE: 58
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4913
  • Tax Book Number: 63711

Multi Family

  • Gross Income: 74400
  • Net Operating Income: 74400
  • Number Of Units Total: 3
  • Total Actual Rent: 6600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed O & G Realty Llc $257,600
Closed Mazza Jennifer L $260,000
Closed Mazza Jennifer R $34,200
Closed Mazza Jeffrey $145,600
Closed Mazza Jeffrey $129,750
Closed Mazza Jeffrey $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $550,000 +0.2% $180 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $549,000 0.0% $180 / Sq Ft
11/27/2023 11/27/23 For Sale $549,000 -1.8% $180 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $559,000 -- $183 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,905 $515,700 $114,000 $401,700
2024 $5,563 $420,500 $105,600 $314,900
2023 $4,913 $340,000 $74,100 $265,900
2022 $4,296 $286,400 $74,100 $212,300
2021 $4,271 $276,800 $74,100 $202,700
2020 $4,185 $273,000 $74,100 $198,900
2019 $3,915 $247,000 $67,300 $179,700
2018 $3,662 $224,100 $67,300 $156,800
2017 $3,682 $224,100 $67,300 $156,800
2016 $3,399 $206,500 $67,300 $139,200
2015 $3,323 $201,900 $71,500 $130,400
2014 $3,162 $184,900 $71,500 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73171585

MLS Property Information Network (MLS PIN)

APN: MILB-000045-000000-000076